Using the following purchases journal, identify each of the posting references, indicated by a letter, as representing
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Using the following purchases journal, identify each of the posting references, indicated by a letter, as representing (1) a posting to a general ledger account, (2) a posting to a subsidiary ledger account, or (3) that no posting is required:
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PURCHASES JOURNAL Page 49 Accounts Store Office Post. Payable Supplies Supplies Dr. Other Accounts Dr. Post. Ref. Amount Date Account Credited Ref. Cr. Dr. 20Υ9 Jan. 4 Coastal Equipment Co. (a) 5,325 Warehouse Equipment (g) 4,000 5,325 6 Arrow Supply Co. 9 Valley Products 14 Office Warehouse 20 Office Warehouse (b) 4,000 (c) 1,875 1,600 275 (d) 2,200 Office Equipment Store Equipment (h) 2,200 (e) 6,000 (i) 6,000 25 Metro Supply Co. (f) 2,740 2,740 31 22,140 4,340 4,275 (1) 13,525 (m) (k) ls
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Accounting
ISBN: 9781337902687
28th Edition
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
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