Using the following purchases journal, identify each of the posting references, indicated by a letter, as representing
Question:
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,
(3) That no posting is required:
Transcribed Image Text:
PURCHASES JOURNAL Accounts Store Office Page 49 Post. Payable Supplies Supplies Ref, Other Accounts Dr Post. Ref. Amount Date Account Credited 2016 Jan. 4 Coastal Equipment Co. (a) 5,325 Dr Warehouse Equipment (g) 5,325 6 Arrow Supply Co. 9 Thorton Products 14 Office Warehouse 20 Office Warehouse 25 Monroe Supply Co. 2,740 2740 30 4,000 (b) 4,000 (c) ,875 ,600 275 (d 2,200 (e) 6,000 Office Equipment Store Equipment (h) 2,200 (i) 6,000 22,1404,3404,275 13,525
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Related Book For
Financial Accounting
ISBN: 978-1305088436
14th edition
Authors: Carl S. Warren, Jim Reeve, Jonathan Duchac
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