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.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Topic Video
Question
![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F848db58c-49e7-4c61-ada4-3be315d5a305%2Fbab00cac-1142-4d4f-ada5-1fb2a43000f5%2Fv6wehzd_processed.jpeg&w=3840&q=75)
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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F848db58c-49e7-4c61-ada4-3be315d5a305%2Fbab00cac-1142-4d4f-ada5-1fb2a43000f5%2Fk5s3bln_processed.jpeg&w=3840&q=75)
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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