Using page 3 of a general journal and the following general ledger accounts and accounts payable ledger

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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.

General Ledger Account Account No. 202 Balance Mar 1, 20-- $8,350 Accounts Payable Purchases Returns and Allowances 501.

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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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Question Posted: Dec 21, 2011 09:33 AM

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Using page 3 of a general journal and the following general ledger accounts and accounts payable ledger

Question:

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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