Two transactions were posted to the following creditor's account: NAME Windsurf, Inc.ADDRESS 343 Coastline Road Date Item Post. Ref. Debit Credit Balance Aug. 1 Balance 1,210 8 Invoice No. 333 CP38 1,210 - 15 Invoice No. 567 P11 735 735 Describe each transaction and the source of each posting. Aug. 8 Payment of $?? to Windsurf, Inc. on account. Aug. 15 Purchased $?? of supplies on account from Windsurf, Inc.
Two transactions were posted to the following creditor's account: NAME Windsurf, Inc.ADDRESS 343 Coastline Road Date Item Post. Ref. Debit Credit Balance Aug. 1 Balance 1,210 8 Invoice No. 333 CP38 1,210 - 15 Invoice No. 567 P11 735 735 Describe each transaction and the source of each posting. Aug. 8 Payment of $?? to Windsurf, Inc. on account. Aug. 15 Purchased $?? of supplies on account from Windsurf, Inc.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Two transactions were posted to the following creditor's account:
NAME Windsurf, Inc.
ADDRESS 343 Coastline Road
| Date | Item | Post. Ref. | Debit | Credit | Balance |
| Aug. 1 | Balance | 1,210 | |||
| 8 | Invoice No. 333 | CP38 | 1,210 | - | |
| 15 | Invoice No. 567 | P11 | 735 | 735 |
Describe each transaction and the source of each posting.
| Aug. 8 | Payment of $?? to Windsurf, Inc. on account. |
| Aug. 15 | Purchased $?? of supplies on account from Windsurf, Inc. |
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