Accounting 2 cash payment journal,posting? accounts payable.On your own 9-5Posting a cash payments journalA blank schedule of accounts payable is given in the Working Papers. UseCopperland Company's cash payments journal from On Your Own 9-4 andthe accounts payable and general ledgers from On Your Own 9-3. Work thisproblem independently.1. Post the transactions from the cash payments journal to the accounts pay-able ledger.2. Total, prove, and rule the cash payments journal.3. Post the cash payments journal to the general ledger.4. Prepare a schedule of accounts payable.24.Posting from a Cash Payments Journal Lesson 9-5 273 On your own 9-4Journalizing cash payments using a cash payments journalThe cash payments journal for Copperland Company and the petty cashreport are given in the Working Papers. Work this problem independently.Save your work to complete On Your Own 9-5.Using November of the current year, journalize these transactions onpage 11 of the cash payments journal. The checks used as source documentsare abbreviated as C.Transactions:Nov. 3. Wrote a check on account to Gillis Glass Co. covering PurchaseInvoice No. 765 for $2,120.00, less 2% cash discount. C832.7. Recorded the direct withdrawal of credit card fees from the bankaccount, $164.00. M89.8. Wrote a check to Taylor Energy for the electric bill, $324.00. C833.14. Wrote a check to Metal Magic for merchandise with a list price of$1,560.00. C834.18. Paid cash on account to Sheng Industries covering Purchase InvoiceNo. 724 for $1,816.00. No cash discount was offered. C835.Record the replenishment of the petty cash fund onNovember 30. C836.30.Accounting for Purchases and Cash PaymentsEaccash pavidualare pothe acthat eApayachasestacusingCEfofritE

Cash payments journalA cash payments journal, is a financial record that accountants use to track…

On your own 9-4 Save your work to complete On Your Own 9-5. Journalizing cash payments using a cash payments journal The cash payments journal for Copperland Company and the petty cash report are given in the Working Papers. Work this problem independently. Using November of the current year, journalize these transactions on page 11 of the cash payments journal. The checks used as source documents are abbreviated as C. Transactions: Nov. 3. Wrote a check on account to Gillis Glass Co. covering Purchase Invoice No. 765 for $2,120.00, less 2% cash discount. C832. 7. Recorded the direct withdrawal of credit card fees from the bank account, $164.00. M89. 8. Wrote a check to Taylor Energy for the electric bill, $324.00. C833. 14. Wrote a check to Metal Magic for merchandise with a list price of $1,560.00. C834. 18. Paid cash on account to Sheng Industries covering Purchase Invoice No. 724 for $1,816.00. No cash discount was offered. C835. 30. Record the replenishment of the petty cash fund on November 30. C836.