Why the "items" keep showed wrong. How to fix it?
urnalizing and posting al Question Instructions Chart of Accounts Journal Shaded cells have feedbacl Ledger Shaded cells have feedback B. Prepare a four-column account for Supplies. Enter a place a check mark (V) in the Posting Reference column C. Prepare a four-column account for Accounts Posting Reference column. Enter D. Post the October 3, 2018, transaction to the accounts s posted debit balance of $2.300 as of October 1, 2018. Enter Balance in the Item column and Payable. Enter a credi balance of $18,010 as of October 1, 2018 Place a check mark (v)in the Balance in the Iterm column and place a check mark (v)in the Posting Reference column. references in both the journal and the ledger as each item dow does gcading work LEDGER Account: Supplies Score: 34/44 Account No. 15 Journalizing and posting Instructions Chart of Accounts Shaded cells have leedback Shaded cells have feedback. Score: 34/44 Account: Supplies Account No. 15 DATE ITEM POST. REF BALANCE DEBIT CREDIT DEBIT CREDIT Oct 1 Balance Forward Oct.3 Accounts Payable 2,30000 ,125.00 6,425.00 Account: Accounts Payable Account No. 21 DATE POST. RE DEBIT CREDIT Oct. 1 Opening Ballance Oct. 3. Supplies DEBIT CREDIT 18,01000 7,135.00 4,125.00 urnalizing and posting Journal Ledger Final Question Instructions n October 3, 2018, Regal Company purchased $4,125 of supplies on account. In Regal's chart ot accounts, the supplies account is No. 15, and the Accounts Payable account is No. 21. Required: soumalize and insert the posting roferences for the October 3, 2018, transaction on page 91 of Regal Company's two-column jourmel B. Prepare a tour-cotumn account for Supplies. Enter a debil balance of $2,300 as of Ocloer 1, 2018 Enter Balanoe in the hem column and place a cheok mark () in the Posting Refernce column. Prepare a fourcotumn account for Accounts Payable. Enter a credit balance of $18,010 as of Cctober 1, 2018 Place a check mark t) in the Posting Reference column. Enter Balance" in the tem column and place a check mark (v) in the Posting Reference column. D. Post the October 3, 2018, transaction to the accounts Insert the appropriate posting references in both the journal and the ledger as each item s posted E. Do the nules of debit and credit apply to all companies? Instructions Chart of Accounts supplies account is Jo General Ledger ASSETS 11 Cash 12 Accounts Receivable 13 Land 14 Prepaid Rent 15 Supplies 16 Equipment REVENUE A. ny's two-column journa 41 Fees Eamed 42 Sales Commission EXPLASES 51 Advertising Expense 52 Automobile Expense 53 Insurance Expense 54 Rent Expense 55 Wages Expense Score: 25/27 CREDIT 4,125.00 LIABILITIES The rules of debit and credit maintain the double-entry accounting system. Chart of Accounts Journal Ledger Final Question Instructions Instructions supplies account is On Chart of Accounts 53 insurance Expense 54 Rent Expense 55 Wages Expense 56 Supplies Expense 57 Utilities Expense 58 Miscellaneous Expense 17 Automobiles Jo LIABILITIES 21 Accounts Payable 22 Uneamed Rent 23 Notes Payable 24 Salaries Payable A. ny's two-column journ Score: 25/27 EQUITY 31 Common Stock 32 Retained Earnings 33 Dividends CREDIT 4,125.00
