Post the entries in the general journal below to the accounts payable account in the general ledger
Question:
Post the entries in the general journal below to the accounts payable account in the general ledger and to the appropriate accounts in the accounts payable ledger. Assume the following account balances at January 1, 20X1, for GeekAuto Supplies, Inc.:
Use 202 as the account number for accounts payable in the general ledger.
Accounts Payable (control account) Accounts Payable-Evans Enterprises Accounts Payable-Sutherland Distributors Accounts Payable-Torres Company $7,600 1,600 4,100 1,900
Step by Step Answer:
entries for the general journal DATE DESCRIPTION POST REF DEBIT CREDIT 2 Jan Accounts PayableSuthe...View the full answer
College Accounting A Contemporary Approach
ISBN: 9781260780352
5th Edition
Authors: David Haddock, John Price, Michael Farina
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A journal entry is an act of keeping or making records of any transactions either economic or non-economic. Transactions are listed in an accounting journal that shows a company\'s debit and credit balances. The journal entry can consist of several recordings, each of which is either a debit or a credit
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