Horngren's Accounting, The Financial Chapters, Student Value Edition Plus MyLab Accounting with Pearson eText -- Access Card Package (11th Edition)

11th Edition

ISBN: 9780134078960

Author: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura

Publisher: PEARSON

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Textbook Question

Chapter 7, Problem S7.9SE

Posting transactions from a purchases journal to a subsidiary ledger and general ledger

Learning Objective 3

Review your results from Short Exercises $7-8.

Requirements

Total each column of purchases journal.
Open the following four-column accounts in the accounts payable subsidiary ledger: Accounts Payable-Bird Co.; Accounts Payable-Mayer Co.; Accounts Payable-Silly Co.. Post the transactions to the accounts payable subsidiary ledger.
Open the following selected four-column accounts in the general ledger: Merchandise Inventory (115), Office Supplies (116); Furniture (151); Accounts Payable (211). Post the total of each column to the general ledger. Also, post the Other Accounts column to the general ledger.
Balance the total of the customer ending balances in the accounts payable subsidiary ledger against Accounts Payable in the general ledger.

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Chapter 7, Problem S7.8SE

Chapter 7, Problem S7.10SE

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Chapter 7 Solutions

Horngren's Accounting, The Financial Chapters, Student Value Edition Plus MyLab Accounting with Pearson eText -- Access Card Package (11th Edition)

Ch. 7 - Which of the following benefits of an effective...Ch. 7 - Prob. 2QC Ch. 7 - Which of the following is not a special journal?...Ch. 7 - Mountain Day Spa sold merchandise inventory on...Ch. 7 - Prob. 5QC Ch. 7 - Centex Sound Systems purchased merchandise...Ch. 7 - Every transaction recorded in the cash payments...Ch. 7 - Prob. 8QC Ch. 7 - Which is a disadvantage of an enterprise resource...Ch. 7 - Prob. 1RQ

Ch. 7 - Prob. 2RQ Ch. 7 - Explain the three basic components of an...Ch. 7 - What is a special journal?Ch. 7 - What is the purpose of a subsidiary ledger?Ch. 7 - Prob. 6RQ Ch. 7 - List the four special journals often used in a...Ch. 7 - Explain the posting process of the sales journal.Ch. 7 - Provide some examples of transactions that would...Ch. 7 - What are the columns that are typically used in...Ch. 7 - Prob. 11RQ Ch. 7 - When is the general journal used in a manual...Ch. 7 - Explain the two components of a computerized...Ch. 7 - Prob. 14RQ Ch. 7 - What is an enterprise resource planning (ERP)...Ch. 7 - Prob. 16RQ Ch. 7 - How would a business record a sale of services on...Ch. 7 - How would a business record a bill received in...Ch. 7 - Prob. S7.1SE Ch. 7 - Defining components of an accounting information...Ch. 7 - Identifying special journals Learning Objective 2...Ch. 7 - Prob. S7.4SE Ch. 7 - Posting transactions from a sales journal to a...Ch. 7 - Prob. S7.6SE Ch. 7 - Prob. S7.7SE Ch. 7 - Prob. S7.8SE Ch. 7 - Posting transactions from a purchases journal to a...Ch. 7 - Prob. S7.10SE Ch. 7 - S7-6 Recording transactions in a cash receipts...Ch. 7 - Prob. S7.12SE Ch. 7 - Prob. S7.13SE Ch. 7 - Prob. E7.14E Ch. 7 - Prob. E7.15E Ch. 7 - Prob. E7.16E Ch. 7 - Prob. E7.17E Ch. 7 - Prob. E7.18E Ch. 7 - Prob. E7.19E Ch. 7 - Recording transactions-cash payments journal...Ch. 7 - Prob. E7.21E Ch. 7 - Identifying transactions in the accounts payable...Ch. 7 - Prob. E7.23E Ch. 7 - Using the sales, cash receipts, and general...Ch. 7 - Prob. P7.25APGA Ch. 7 - Using all journals, posting, and balancing the...Ch. 7 - Prob. P7.27BPGB Ch. 7 - Prob. P7.28BPGB Ch. 7 - Prob. P7.29BPGB Ch. 7 - >Continuing Problem P7-30 Using all journals This...Ch. 7 - >Practice Set P7-31 Using all journals This...Ch. 7 - Prob. 1CP Ch. 7 - Prob. 2CP Ch. 7 - Prob. 3CP Ch. 7 - Prob. 4CP Ch. 7 - Prob. 5CP Ch. 7 - Prob. 6CP Ch. 7 - Prob. 7CP Ch. 7 - Prob. 8CP Ch. 7 - Prob. 9CP Ch. 7 - Decision Case 7-1 A fire destroyed certain...Ch. 7 - Fraud Case 7-1 Didrikson Rubin, the auditor of Red...

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