Enter a credit balance of $38,400 as of September 1, 20Y4 in the Accounts Payable general ledger account. Place a check mark (✓) in the Posting Reference column. Post the September 18, 20Y4, transaction to the account. For those boxes in which no entry is required, leave the box blank. Account Accounts Payable Account No. 21 DATE ITEM POST. REF. DEBIT CREDIT BALANCE DEBIT CREDIT Sept. 1, 20Y4 Balance Sept. 18, 20Y4
Enter a credit balance of $38,400 as of September 1, 20Y4 in the Accounts Payable general ledger account. Place a check mark (✓) in the Posting Reference column. Post the September 18, 20Y4, transaction to the account. For those boxes in which no entry is required, leave the box blank. Account Accounts Payable Account No. 21 DATE ITEM POST. REF. DEBIT CREDIT BALANCE DEBIT CREDIT Sept. 1, 20Y4 Balance Sept. 18, 20Y4
Chapter4: Operating Activities: Sales And Cash Receipts
Section: Chapter Questions
Problem 2.7C
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Enter a credit balance of $38,400 as of September 1, 20Y4 in the Accounts Payable general ledger account. Place a check mark (✓) in the Posting Reference column. Post the September 18, 20Y4, transaction to the account. For those boxes in which no entry is required, leave the box blank.
Account Accounts Payable
Account No. 21
|
||||||
DATE | ITEM | POST. REF. |
DEBIT | CREDIT | BALANCE DEBIT CREDIT |
|
---|---|---|---|---|---|---|
Sept. 1, 20Y4 | Balance |
|
||||
Sept. 18, 20Y4 |
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