What steps are followed in posting purchases from the general journal to the accounts payable ledger?

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What steps are followed in posting purchases from the general journal to the accounts payable ledger?



Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...
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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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