Nancy CarpenterNancy Carpenter Optical Dispensary bought supplies on account for $10 comma 00010,000 on SeptemberSeptember 8. On SeptemberSeptember 22, the company paid $4 comma 0004,000 on account. 1. Journalize the two transactions for Nancy CarpenterNancy Carpenter Optical Dispensary. Include an explanation for each transaction. 2. The Accounts Payable T-account has been opened for you. Post to Accounts Payable. Compute the balance and denote it as Bal. Question content area bottom Part 1 Requirement 1. Journalize the two transactions for Nancy CarpenterNancy Carpenter Optical Dispensary. Include an explanation for each transaction. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) SepSep. 8: Bought supplies on account for $10 comma 00010,000. Record the journal entry. Journal Entry Accounts Debit Credit Sep. 8
Nancy CarpenterNancy Carpenter Optical Dispensary bought supplies on account for $10 comma 00010,000 on SeptemberSeptember 8. On SeptemberSeptember 22, the company paid $4 comma 0004,000 on account. 1. Journalize the two transactions for Nancy CarpenterNancy Carpenter Optical Dispensary. Include an explanation for each transaction. 2. The Accounts Payable T-account has been opened for you. Post to Accounts Payable. Compute the balance and denote it as Bal. Question content area bottom Part 1 Requirement 1. Journalize the two transactions for Nancy CarpenterNancy Carpenter Optical Dispensary. Include an explanation for each transaction. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) SepSep. 8: Bought supplies on account for $10 comma 00010,000. Record the journal entry. Journal Entry Accounts Debit Credit Sep. 8
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Nancy CarpenterNancy Carpenter Optical Dispensary bought supplies on account for $10 comma 00010,000 on SeptemberSeptember 8. On SeptemberSeptember 22, the company paid $4 comma 0004,000 on account.
1.
Journalize the two transactions for Nancy CarpenterNancy Carpenter Optical Dispensary. Include an explanation for each transaction.
2.
The Accounts Payable T-account has been opened for you. Post to Accounts Payable. Compute the balance and denote it as Bal.
Question content area bottom
Part 1
Requirement 1. Journalize the two transactions for Nancy CarpenterNancy Carpenter Optical Dispensary. Include an explanation for each transaction. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.)
SepSep. 8: Bought supplies on account for $10 comma 00010,000. Record the journal entry.
Journal Entry
Accounts
Debit
Credit
Sep. 8
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