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
icon
Related questions
Question

pvn.3

 

 

Following is nation om Jesper Company To Its Stont Of Dusiness.
Credit Purchases
January 9 Bailey Company
January 18 Johnson Brothers
January 22 Preston Company
$ 14,000
6,600
6,200
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.
Required 1 Required 2
Complete this question by entering your answers in the tabs below.
Cash Paid
January 19 Bailey Company
January 27 Johnson Brothers
January 31 Preston Company
Date
Post the accounts payable balance in the general ledger at month's end.
GENERAL LEDGER
Accounts Payable
Debit
Credit
< Required 1
Balance
Required 2 >
$ 10,100
6,600
5,400
Transcribed Image Text:Following is nation om Jesper Company To Its Stont Of Dusiness. Credit Purchases January 9 Bailey Company January 18 Johnson Brothers January 22 Preston Company $ 14,000 6,600 6,200 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. Required 1 Required 2 Complete this question by entering your answers in the tabs below. Cash Paid January 19 Bailey Company January 27 Johnson Brothers January 31 Preston Company Date Post the accounts payable balance in the general ledger at month's end. GENERAL LEDGER Accounts Payable Debit Credit < Required 1 Balance Required 2 > $ 10,100 6,600 5,400
Expert Solution
steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Knowledge Booster
Accounting for discounts
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education