The debits and credits from two transactions are presented in the following creditor's (supplier's) account: NAME Colonial Inc. ADDRESS 5000 Grand Ave. Post. Ref. Date Item Debit Credit Balance Jan. 1 Balance 92 Invoice No. 122 CP71 11 64 28 Invoice No. 139 P55 26 72 100 Describe each transaction and the source of each posting.
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- In the Payments Journal window, invoices being paid will display the: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to sele a b с d Number of items sold on the invoice. The transaction due date. Credit terms. All of the above.The debits and credits from two transactions are presented in the following customer account: NAME ADDRESS Horizon Entertainment 125 Wycoff Ave. Post. Date Item Ref. Debit Credit Balance Balance Feb. 1 280 Invoice No. 422 CR106 22 120 160 27 Invoice No. 445 R92 170 330 Describe each transaction and the source of each posting.The debits and credits from two transactions are presented in the following customer account: NAME Mobility Products Inc. ADDRESS 46 W. Main St. Date Item Post. Ref. Debit Credit Balance Aug. 1 Balance ✔ 540 Aug. 10 Invoice No. 59 CR24 103 437 Aug. 17 Invoice No. 64 R35 129 566 Select the choice that describes each transaction and the source of each posting. Date Action Invoice No. Posted From Journal page Aug. 10 fill in the blank 2 fill in the blank 4 Aug. 17 fill in the blank 6 fill in the blank 8
- The debits and credits from two transactions are presented in the following customer account: NAME Moravian Products Inc. ADDRESS 46 W. Main St. Post. Debit Balance Date Item Ref. Credit Aug. 1 Balance 1,200 Invoice No. 119 R24 1,950 10 750 Invoice No. 106 CR46 17 610 1,340 Describe each transaction and the source of each posting.Which of the following types of transactions can be uploaded into QBO using the Receipt action. Select all that apply. Select one or more: a. Credit card receipts b. Bills c. Checks d. Invoices e. DepositsA Cheque Log can be printed for the cheques received from customers. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an a a True b. False
- A document that asks you to return an identifying part of it with your payment is a(n) ________. A. source document B. cloud document C. point-of-sale document D. turn-around documentUse the journals and ledgers that follow. Total the journals. Post the transactions to the subsidiary ledger and (using T-accounts) to the general ledger accounts. Then prepare a schedule of accounts receivable.Why did you select those customer accounts? also how to use a cell reference to enterthe answer for the 1st question? ( Whatis the dollar amount of total receivables? Use a cell reference to input your answer)
- we need name of the account which debit and credit for pragrams tally.RPE.9Post these transactions from each General Journal into the General Ledger accounts. When posting transactions to the general ledger, use the transaction letters a, b, c, d, or e as the description for each entry. Also, the dates must be entered in the format dd/mmm (ie, 15/Jan).On December 1, Gary Walker began an auto repair shop, Walker's Quality Automotive. The following transactions occurred during December: i (Click the icon to view the transactions.) More info Dec. 1 Dec. 1 Dec. 1 Dec. 9 Dec. 10 Dec. 19 Dec. 22 Dec. 26 Dec. 28 Dec. 31 Dec. 31 Dec. 31 Dec. 31 Walker contributed $58,000 cash to the business in exchange for shares of common stock. Purchased $15,000 of equipment paying cash. Paid $3,000 for a ten-month insurance policy starting on December 1. Paid $18,000 cash to purchase land to be used in operations. Purchased office supplies on account, $2,300. Borrowed $33,000 from the bank for business use. Walker signed a note payable to the bank in the name of the corporation. The note is due in five years. Paid $2,000 for advertising expenses. Paid $1,100 on account. The business received a bill for utilities to be paid in January, $260. Revenues earned during the month included $18,000 cash and $2,900 on account. Paid employees' salaries $3,700 and…