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Problem 8.1A and 8.2A. 8.1A Journalizing credit purchases and purchases returns and allowances and posting to the general ledger. 8.2A Posting to the accounts payable ledger and preparing a schedule of accounts payable.
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Problem 8.1A and 8.2A 8.1A Journalizing credit purchases and purchases returns and allowances and posting to the general ledger. 8.2A Posting to the accounts payable ledger and preparing a schedule of accounts payable.
GENERAL LEDGER ACCOUNTS205 Accounts Payable, $13,904 credit501 Purchases502 Freight In503 Purchase returns and allowances
Photo MartSchedule of Accounts PayableJune 30, 2010 Camera & Films Products 12,995 Chicago Case Company 2,900 Jones Company 1,800 The Optical Supply Store 3,130 Zant Corporation 2,590 Total 23,415