Add the account numbers to the general ledger's using the chart of accounts. chart of Accountis(100) Assets110 Cash120 Accounts Receivable - Bob Wilson130 Supplies(200) Liabilities210 Accounts Payable - Office Central(300) Owner's Equity310 Allison Schmidt, Capital(400) Revenue410 Sales(500) Expenses510 Advertising Expense ACCOUNTDATEACCOUNTDATE1-Jan Capital7-Jan Accounts receivableACCOUNTDATE8-Jan Sales9-Jan Advertising expense28-Jan SalesACCOUNTDATEDATEACCOUNTDATE6-Jan Sales7-Jan Cash4-Jan Accounts payable31-Jan By closing balanceACCOUNTDATE6-Jan By cash8-Jan By cashACCOUNT28-Jan By cash31-Jan To closing balanceITEMITEMITEMITEMITEMITEMITEMPOST.REF.POSTREF1$ 5,000.001 $ 100.001 S1POST.REF2 $POST.REFPOSTREF.POST.REF.POST.REFDEBIT11DEBIT1 $ 250.0012DEBIT2800.00DEBIT1$ 1,100.001DEBIT450.00DEBITDEBITACCOUNT NO.CREDIT$CREDITACCOUNT NO.DEBIT$ 5,900.00$ 400.00 $ 5,500.00CREDITCREDITBALANCEACCOUNT NO.DEBITCREDIT$ 5,000.00$ 5,100.00CREDIT$ 250.00S 800.00$ 450.00ACCOUNT NO.CREDITBALANCE450.00DEBITACCOUNT NO.BALANCEACCOUNT NO.CREDITBALANCEDEBIT$ 250.00$ 150.00 $ 100.00CREDITACCOUNT NO.BALANCEDEBITDEBITCREDIT110DEBITCREDIT$1,100.00 $ 1,100.00$ 1,100.00BALANCECREDITCREDITBALANCE$ 250.00$ 1,050.00CREDIT$ 1,500.00$ 1,500.00

Name: Add the account numbers to the general ledger's using the chart of acc
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Description: Add the account numbers to the general ledger's using the chart of accounts. chart of Accountis(100) Assets110 Cash120 Accounts Receivable - Bob Wilson130 Supplies(200) Liabilities210 Accounts Payable - Office Central(300) Owner's Equity310 Allison S

General ledger is the account summary which is prepared after passing or recording the journal…

Business

Accounting

(100) Assets 110 Cash 120 Accounts Receivable - Bob Wilson 130 Supplies (200) Liabilities 210 Accounts Payable - Office Central (300) Owner's Equity 310 Allison Schmidt, Capita (400) Revenue 410 Sales (500) Expenses 510 Advertising Expense

(100) Assets 110 Cash 120 Accounts Receivable - Bob Wilson 130 Supplies (200) Liabilities 210 Accounts Payable - Office Central (300) Owner's Equity 310 Allison Schmidt, Capita (400) Revenue 410 Sales (500) Expenses 510 Advertising Expense

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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The controlling account in the general ledger that summarizes the debits and credits to the individual accounts in the customer's ledger is entitled A. Accounts Receivable B. Accounts Payable C. Sales D. Purchases
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