Using the following purchases journal, identify each of the posting references, indicated by a letter, as representing
Question:
Using the following purchases journal, identify each of the posting references, indicated by a letter, as representing (1) a posting to a general ledger account, (2) a posting to a subsidiary ledger account, or (3) that no posting isrequired.
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PURCHASES JOURNAL Accounts Payable Other Office Store Supplies Post. Supplies Accounts Post. Ref. Account Credited Dr. Amount Dr. Date 2010 Sept. 4 Ref. Cr. Dr. Amex Supply Co. Coastal Equipment Co. Office Warehouse 4,000 5,325 2,000 1,875 6,000 2,740 21,940 4,000 (a) (b) (d) (f) (g) (i) Warehouse Equipment (c) Office Equipment 5,325 2,000 11 (e) Taylor Products 1,600 13 275 Store Equipment Office Warehouse 6,000 20 (h) Miller Supply Co. 2,740 4,340 (k) 27 13,325 30 4,275 (m)
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Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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