Using page 3 of a general journal and the following general ledger accounts and accounts payable ledger
Question:
Using page 3 of a general journal and the following general ledger accounts and accounts payable ledger accounts, journalize and post the following transactions:
Mar. 5 Returned merchandise to Tower Industries, $500.
11 Returned merchandise to A & D Arms, $625.
23 Returned merchandise to Mighty Mansion,$275.
Transcribed Image Text:
General Ledger Account Account No. 202 Balance Mar 1, 20-- $8,350 Accounts Payable Purchases Returns and Allowances 501.1 Accounts Payable Ledger Name Balance Mar 1, 20- A & D Arms Mighty Mansion Tower Industries $2,300 1,450 4,600
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DATE GENERAL JOURNAL DESCRIPTION 20 Mar 5 Accounts Payable Tower Industries Purchases Returns and Al...View the full answer
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