Question: Journalizing purchases returns and allowances and posting to general ledger and accounts payable ledger Using page 3 of a general journal and the following general

Journalizing purchases returns and allowances and posting to general ledger and accounts payable ledger Using page 3 of a general journal and the following general ledger and accounts payable ledger accounts, journalize and post the following transactions:

July 7 Returned merchandise to Starcraft Industries, $700.

15Returned merchandise to XYZ, Inc., $450.

27 Returned merchandise to Datamagic,$900.

General Ledger Account Account No. 202 Balance July 1, 20- Accounts Payable $10,650 Purchases Returns and Allowances 501.1 Accounts Payable Ledger Balance July 1, 20-- Name Datamagic Starcraft Industries XYZ, Inc. $2,600 4,300 3,750

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