The posting references in the following purchases journal are indicated by lette
ID: 2532821 • Letter: T
Question
The posting references in the following purchases journal are indicated by letters. Identify each posting reference [(a) through (i)] as representing (1) a posting to a general ledger account, (2) a posting to a subsidiary ledger account, or (3) that no posting is required.
(a) General ledger account (b) Subsidiary ledger account (c) Subsidiary ledger account (d) General ledger account (e) General ledger account (f) General ledger account (g) General ledger account (h) General ledger account (i) No posting required PURCHASES JOURNAL Page 1 Date Account Credited Post. Ref. Accounts Payable Cr. Office Store Supplies Dr. Supplies Dr. Account Other Accounts Dr. Post Ref. Amount July 3 Morton Company (a) 1,150 1,150 (b) 4,800 Jackson Co. Fallon Inc. 4,800 7,000 (c) 7,000 Simpson Bros. 2,350 Equipment (h) 1,950 31 1,150 1,950 15,300 (e) 11,800 (f) , (g) ()Explanation / Answer
(a) subsidary general journal (b) subsidary general journal (c) subsidary general journal (d) subsidary general journal (e) General ledger account (f) General ledger account (g) General ledger account (h) General ledger account (i) No postings required
Related Questions
Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.