pvn.3 Following is nation om Jesper Company To Its Stont Of Dusiness.Credit PurchasesJanuary 9 Bailey CompanyJanuary 18 Johnson BrothersJanuary 22 Preston Company$ 14,0006,6006,2001. Post the above transactions in the accounts payable subsidiary ledger.2. Post the accounts payable balance in the general ledger at month's end.Required 1 Required 2Complete this question by entering your answers in the tabs below.Cash PaidJanuary 19 Bailey CompanyJanuary 27 Johnson BrothersJanuary 31 Preston CompanyDatePost the accounts payable balance in the general ledger at month's end.GENERAL LEDGERAccounts PayableDebitCredit< Required 1BalanceRequired 2 >$ 10,1006,6005,400

The Subsidiary Ledgers are the ledgers of individual suppliers in which all purchase and payment…

Following is omation om Jesper Company To Its St On Of Dusiness. Credit Purchases January 9 Bailey Company January 18 Johnson Brothers January 22 Preston Company $ 14,000 6,600 6,200 Cash Paid January 19 Bailey Company January 27 Johnson Brothers January 31 Preston Company 1. Post the above transactions in the accounts payable subsidiary ledger. 2. Post the accounts payable balance in the general ledger at month's end. $ 10,100 6,600 5,400

Following is omation om Jesper Company To Its St On Of Dusiness. Credit Purchases January 9 Bailey Company January 18 Johnson Brothers January 22 Preston Company $ 14,000 6,600 6,200 Cash Paid January 19 Bailey Company January 27 Johnson Brothers January 31 Preston Company 1. Post the above transactions in the accounts payable subsidiary ledger. 2. Post the accounts payable balance in the general ledger at month's end. $ 10,100 6,600 5,400

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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Use the following accounts; Cash Foreign exchange gain Foreign exchange loss Capital Bank Short-term investments Loss on sale of short-term investment Gain on sale of short-term investment RA established his own company, r@ktas Co. The following transactions are the events that occurred during December 2018, the company's first month: Date 12/1 The owner invested $ 200,000 cash for capital. 12/5 r@ktas Co., opened deposit account on Don't Trust Bank and put 2.000 Euro (Exchange rate was 1 Euro= 1,5 Dollar) 12/10 The Company purchased short-term investment with cash for $2,500. 12/18 The Company sold short-term investment with cash for $2.000 Note: • Exchange rate was 1 Euro= 1,4 Dollar at the end of the period. Requirements: 1- Give the journal entry for each transaction. 2- Post each transaction to Taccounts.
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