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The purchases journal for ). K. Insurance for the month of October Is represented below. Accounts Payable Is account number 202 and Purchases Is account number 501. PURCHASES JOURNAL Page 5 Purchases Debit/ Accounts Payable Date Invoice No. From whom Purchased Post Ref. Credit Oct. 2 3118 Express Florist 3,550.00 4 3119 T. C. S. Supplies 2,790.00 3120 Auto Body Repalr 3,850.00 6. 3121 Signs Unlimited 4,150.00 10 3122 Dynasty Limo 2,380.00 15 3123 T. C. S. Supplies 2,150.00 18,870.00 Required: 1. Post the Information from the purchases journal to the appropriate general ledger and accounts payable ledger accounts.

The purchases journal for ). K. Insurance for the month of October Is represented below. Accounts Payable Is account number 202 and Purchases Is account number 501. PURCHASES JOURNAL Page 5 Purchases Debit/ Accounts Payable Date Invoice No. From whom Purchased Post Ref. Credit Oct. 2 3118 Express Florist 3,550.00 4 3119 T. C. S. Supplies 2,790.00 3120 Auto Body Repalr 3,850.00 6. 3121 Signs Unlimited 4,150.00 10 3122 Dynasty Limo 2,380.00 15 3123 T. C. S. Supplies 2,150.00 18,870.00 Required: 1. Post the Information from the purchases journal to the appropriate general ledger and accounts payable ledger accounts.

FINANCIAL ACCOUNTING
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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ACCOUNTS PAYABLE LEDGER ACCOUNT Auto Body Repair DATE ITEM POST. REF. PEBIT CREDIT BALANCE PS ACCOUNT Dynasty Limo DATE ITEM POST. REF. DEBIT CREDIT BALANCE P5 ACCOUNT Express Florist DATE ITEM POST. REF. DEBIT CREDIT BALANCE P5 ACCOUNT Signs Unlimited DATE ITEM POST. REF. DEBIT CREDIT BALANCE P5 ACCOUNT T. C. S. Supplies DATE ITEM POST. REF. DEBIT CREDIT BALANCE · P5 P5 Prepare a schedule of accounts payable. Schedule of Accounts Payable Auto Body Repair Dynasty Limo Express Flornst Sinne Unlimited
Transcribed Image Text:ACCOUNTS PAYABLE LEDGER ACCOUNT Auto Body Repair DATE ITEM POST. REF. PEBIT CREDIT BALANCE PS ACCOUNT Dynasty Limo DATE ITEM POST. REF. DEBIT CREDIT BALANCE P5 ACCOUNT Express Florist DATE ITEM POST. REF. DEBIT CREDIT BALANCE P5 ACCOUNT Signs Unlimited DATE ITEM POST. REF. DEBIT CREDIT BALANCE P5 ACCOUNT T. C. S. Supplies DATE ITEM POST. REF. DEBIT CREDIT BALANCE · P5 P5 Prepare a schedule of accounts payable. Schedule of Accounts Payable Auto Body Repair Dynasty Limo Express Flornst Sinne Unlimited
The purchases journal for). K. Insurance for the month of October Is represented below. Accounts Payable Is account number 202 and Purchases Is account number 501. PURCHASES JOURNAL Page s Purchases Debit/ Accounts Payable Date Invoice No. From Whom Purchased Post Ref. Credit Oct. 2 3118 Express Florist 3,550.00 3119 T. C. S. Supplies 2,790.00 3120 Auto Body Repalr 3,850.00 Signs Unlimited 4,150.00 3121 Dynasty Limo 2,380.00 10 3122 15 3123 T. C. S. Supplles 2,150.00 18,870.00 Required: 1. Post the Information from the purchases journal to the appropriate general ledger and accounts payable ledger accounts. GENERAL LEDGER ACCOUNT NO. 202 ACCOUNT Accounts Payable BALANCE DEBIT CREDIT DEBIT CREDIT DATE ITEM POST. REF. P5 ACCOUNT NO. 501 ACCOUNT Purchases BALANCE DEBIT CREDIT DEBIT CREDIT DATE ITEM POST. REF. P5 ACCOUNTS PAYABLE LEDGER ACCOUNT Auto Body Repair
Transcribed Image Text:The purchases journal for). K. Insurance for the month of October Is represented below. Accounts Payable Is account number 202 and Purchases Is account number 501. PURCHASES JOURNAL Page s Purchases Debit/ Accounts Payable Date Invoice No. From Whom Purchased Post Ref. Credit Oct. 2 3118 Express Florist 3,550.00 3119 T. C. S. Supplies 2,790.00 3120 Auto Body Repalr 3,850.00 Signs Unlimited 4,150.00 3121 Dynasty Limo 2,380.00 10 3122 15 3123 T. C. S. Supplles 2,150.00 18,870.00 Required: 1. Post the Information from the purchases journal to the appropriate general ledger and accounts payable ledger accounts. GENERAL LEDGER ACCOUNT NO. 202 ACCOUNT Accounts Payable BALANCE DEBIT CREDIT DEBIT CREDIT DATE ITEM POST. REF. P5 ACCOUNT NO. 501 ACCOUNT Purchases BALANCE DEBIT CREDIT DEBIT CREDIT DATE ITEM POST. REF. P5 ACCOUNTS PAYABLE LEDGER ACCOUNT Auto Body Repair
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