Chapter 2 Assignment 2 Calculator Print Item ShowMe How On

Chapter 2 - Assignment 2 Calculator Print Item ShowMe How On September 18, 2019, Afton Company purchased $4,380 of supplies on account. In Afton Company\'s chart of accounts, the supplies account is No. 15, and the accounts payable account is No. 21. a. Journalize the September 18, 2019, transaction on page 87 af Afton Company\'s two-column journal Page: 87 POST ACCOUNT TITLE DOC CREDIT DEBIT 1 Sept. 18, 2019 Supplies 4,380 15 Accounts Payable 430 2 21 b. & d. In the four-column account for Supplies, enter a debit balance of $2,100 as of September 1, 2019. Place a check mark ()in the Posting Reference column. Post the September 18, 2019, transaction to the account. For those boxes in which no entry is required, leave the box blank. GENERAL LEDGER Account Supplies Account No. 15 DATE ITEM DEBIT CREOIT DEBIT CREDIT Sept. 1, 2019 Balance 2,100 Sept. 18, 2019 c. & d. In the four-column account for Accounts Payable, enter a credit balance of $31,190 as of September 1, 2019. Place a check mark (V) in the Posting Reference column. Post the September 18, 2019, transaction to the account. For those boxes in which no entry is required, leave the box blank. GENERAL LEDGER Account Accounts Payable Account No. 21 POST REF DEBIT CREDIT DEBIT CREDIT DATE ITEM Sept. 1, 2019 Balance Sept. 18, 2019

Solution

Solution

Afton Company

General Ledger

General Ledger

Date

Account Title

Doc No.

Post Ref.

Debit

Credit

a.

18-Sep-19

Supplies

15

$4,380

Accounts Payable

21

$4,380

b. & d.

Account Supplies

Account No. 15

Date

Item

Post Ref.

Debit

Credit

Balance

Debit

Credit

1-Sep-19

Balance

G87

$2,100

Sept 18,2019

G87

$4,380

$6,480

c. & d.

Account Accounts Payable

Account No. 21

Date

Item

Post Ref.

Debit

Credit

Balance

Debit

Credit

1-Sep-19

Balance

G87

$31,190

18-Sep-19

G87

$4,380

$35,570

	General Ledger
	Date	Account Title	Doc No.	Post Ref.	Debit	Credit
a.	18-Sep-19	Supplies		15	$4,380
		Accounts Payable	21		$4,380
b. & d.
Account Supplies				Account No. 15
Date	Item	Post Ref.	Debit	Credit	Balance
					Debit	Credit
1-Sep-19	Balance	G87			$2,100
Sept 18,2019	G87	$4,380		$6,480
c. & d.
Account Accounts Payable			Account No. 21
Date	Item	Post Ref.	Debit	Credit	Balance
					Debit	Credit
1-Sep-19	Balance	G87				$31,190
18-Sep-19		G87		$4,380		$35,570