Using the following purchases 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: Page 49 PURCHASES JOURNAL Other Accounts Dr. Accounts Store Office Post. Payable Supplies Supplies Dr. Post. Date Account Credited Ref. Cr. Dr. Ref. Amount 20Υ9 Warehouse Equipment (g) Jan. 4 Coastal Equipment Co. (a) 5,325 5,325 Arrow Supply Co. (b) 4,000 6 4,000 9 Valley Products (c) 1,875 1,600 275 Office Equipment Store Equipment 14 Office Warehouse (d) (h) 2,200 2,200 20 Office Warehouse (e) 6,000 (i) 6,000 25 Metro Supply Co. (f) 2,740 2,740 4,275 22,140 31 4,340 13,525 (j) (k) (1) (m)

Using the following purchases 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: Page 49 PURCHASES JOURNAL Other Accounts Dr. Accounts Store Office Post. Payable Supplies Supplies Dr. Post. Date Account Credited Ref. Cr. Dr. Ref. Amount 20Υ9 Warehouse Equipment (g) Jan. 4 Coastal Equipment Co. (a) 5,325 5,325 Arrow Supply Co. (b) 4,000 6 4,000 9 Valley Products (c) 1,875 1,600 275 Office Equipment Store Equipment 14 Office Warehouse (d) (h) 2,200 2,200 20 Office Warehouse (e) 6,000 (i) 6,000 25 Metro Supply Co. (f) 2,740 2,740 4,275 22,140 31 4,340 13,525 (j) (k) (1) (m)

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter5: Accounting Systems

Section: Chapter Questions

Problem 11E: Using the following purchases journal, identify each of the posting references, indicated by a...

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