Horngren's Financial & Managerial Accounting
Horngren's Financial & Managerial Accounting
5th Edition
ISBN: 9780133851281
Author: Matsumura
Publisher: PEARSON
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Chapter C, Problem C.21E

1.

To determine

The total balance of each column of the purchases journal.

2.

To determine

Posting of transactions: The process of transfer of entries from journal to the respective ledger accounts is known as posting of transactions.

To post: The transactions from the purchases journal to the general ledger.

3.

To determine

To post: The transactions from purchases journal to the accounts payable subsidiary ledger.

4.

To determine

The total balance of vendor in the accounts payable subsidiary ledger and match it with the total balance of accounts payable in the general ledger.

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Horngren's Financial & Managerial Accounting

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