c. and d. Enter a credit balance of $38,400 as of September 1, 20Y4 in the Accounts Payable general ledger account. Place a check mark (✓) in the Posting Reference column. Post the September 18, 20Y4, transaction to the account. For those boxes in which no entry is required, leave the box blank. Account Accounts Payable DATE ITEM Sept. 1, 20Y4 Balance ✔ GENERAL LEDGER POST. REF. DEBIT CREDIT Account No. 21 BALANCE DEBIT CREDIT 38,400 ✔
c. and d. Enter a credit balance of $38,400 as of September 1, 20Y4 in the Accounts Payable general ledger account. Place a check mark (✓) in the Posting Reference column. Post the September 18, 20Y4, transaction to the account. For those boxes in which no entry is required, leave the box blank. Account Accounts Payable DATE ITEM Sept. 1, 20Y4 Balance ✔ GENERAL LEDGER POST. REF. DEBIT CREDIT Account No. 21 BALANCE DEBIT CREDIT 38,400 ✔
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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s
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c. and d. Enter a credit balance of $38,400 as of September 1, 20Y4 in the Accounts Payable general ledger account. Place a check mark (✓) in the
Posting Reference column. Post the September 18, 20Y4, transaction to the account... For those boxes in which no entry is required, leave the box
blank.
Account Accounts Payable
DATE
ITEM
Sept. 1, 20Y4 Balance ✔
Sept. 18, 20Y4
GENERAL LEDGER
POST.
REF.
DEBIT CREDIT
Account No. 21
BALANCE
DEBIT CREDIT
38,400 ✔"
Transcribed Image Text:K
c. and d. Enter a credit balance of $38,400 as of September 1, 20Y4 in the Accounts Payable general ledger account. Place a check mark (✓) in the
Posting Reference column. Post the September 18, 20Y4, transaction to the account... For those boxes in which no entry is required, leave the box
blank.
Account Accounts Payable
DATE
ITEM
Sept. 1, 20Y4 Balance ✔
Sept. 18, 20Y4
GENERAL LEDGER
POST.
REF.
DEBIT CREDIT
Account No. 21
BALANCE
DEBIT CREDIT
38,400 ✔
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