Using the following cash payments journal, identify each of the posting references, indicated by a letter, 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. CASH PAYMENTS JOURNAL Page 46 Date Ck. No. Account Debited Post. Ref. Other Accounts Dr. Accounts Payable Dr. Cash Cr. 20Y1                 July 3 611 Energy Systems Co. (a)     4,000   4,000 July 5 612 Utilities Expense (b) 310       310 July 10 613 Prepaid Rent (c) 3,200       3,200 July 16 614 Flowers to Go, Inc. (d)     1,250   1,250 July 19 615 Advertising Expense (e) 640       640 July 22 616 Office Equipment (f) 3,600       3,600 July 25 617 Echo Co. (g)     5,500   5,500 July 26 618 Office Supplies (h) 250       250 July 31 619 Salaries Expense (i) 1,750       1,750 July 31       9,750   10,750   20,500         (j)   (k)   (l)   Post reference represents: a.   b.   c.   d.   e.   f.   g.   h.   i.   j.   k.   l.

College Accounting, Chapters 1-27
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ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter11: Accounting For Purchases And Cash Payments
Section: Chapter Questions
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  1. Using the following cash payments journal, identify each of the posting references, indicated by a letter, 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.

    CASH PAYMENTS JOURNAL Page 46


    Date

    Ck.
    No.


    Account Debited

    Post.
    Ref.
    Other
    Accounts
    Dr.
    Accounts
    Payable
    Dr.


    Cash Cr.
    20Y1                
    July 3 611 Energy Systems Co. (a)     4,000   4,000
    July 5 612 Utilities Expense (b) 310       310
    July 10 613 Prepaid Rent (c) 3,200       3,200
    July 16 614 Flowers to Go, Inc. (d)     1,250   1,250
    July 19 615 Advertising Expense (e) 640       640
    July 22 616 Office Equipment (f) 3,600       3,600
    July 25 617 Echo Co. (g)     5,500   5,500
    July 26 618 Office Supplies (h) 250       250
    July 31 619 Salaries Expense (i) 1,750       1,750
    July 31       9,750   10,750   20,500
            (j)   (k)   (l)


      Post reference represents:
    a.  
    b.  
    c.  
    d.  
    e.  
    f.  
    g.  
    h.  
    i.  
    j.  
    k.  
    l.  
 

 

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