Question: Assistance on journal entry. for details below May 4 - Acquired Office Supplies on account from Lorenzo Office Supply Company, 17,100 May 8 - Paid
Assistance on journal entry. for details below
May 4 - Acquired Office Supplies on account from Lorenzo Office Supply Company, 17,100
May 8 - Paid Lorenzo Office Supply Company, 4,100 on account.
My Journal entry for may 4
Office Supplies 17,100
Accounts Payable 17,100
What is the journal entry for May 8? please explain and what titles to use.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
