Requirement $1.$ Journalize the two transactions for Leah Addy Optical Dispensary. Include an explanation for each transaction. $($Record debits first, then credits. Select the explanation on the last line of the journal entry table.$)$

Sep. $8$: Bought supplies on account for $$23$ comma $000.$ Record the journal entry.

Journal Entry

Accounts

Debit

Credit

Sep. $8$

Supplies

$23000$

Accounts payable

$23000$

Sep. $22$: The company paid $$10$ comma $500$ on account.

Journal Entry

Accounts

Debit

Credit

Sep. $22$

Accounts payable

$10500$

Cash

$10500$

Paid cash on account.

Requirement $2.$ The Accounts Payable T$-$account has been opened for you. Post to Accounts Payable. Compute the balance and denote it as Bal. $($If a box is not used in the T$-$account, leave the box empty; do not select a label or enter$"0.")$

Accounts Payable