Business, 01.07.2020 15:01, 4presidents

The purchases journal for Newmark Exterior Cleaners Inc. follows. The accounts payable account has a March 1, 20Y2, balance of $520 for an amount owed to Nicely Co. No payments were made on creditor invoices during March. Purchases Journal Page 16
Date Account Post. Accts. Cleaning Other Post. Amount
Credited Ref. Payable Supplies Accounts Ref.
Cr. Dr. Dr.
20Y2
Mar. 4 Enviro-Wash
Supplies Inc. 595 595
Mar. 15 Nicely Co. 260 260
Mar. 20 Office Mate Inc. 2,810 Office Equipment 2,810
Mar. 26 Enviro-Wash
Supplies Inc. 340 340
Mar. 31 4,005 1,195 2,810
1. Post the transactions from the purchases journal to the creditor accounts and determine their ending balances.
2. Prepare T accounts for the accounts payable control and cleaning supplies accounts. Post control totals to the two accounts, and determine their ending balances.
3. Prepare a schedule of the creditor account balances to verify the equality of the sum of the accounts payable creditor balances and the accounts payable controlling account balance.
Newmark Exterior Cleaners Inc.
Accounts Payable Creditor Balances
March 31, 20Y2
Enviro-Wash Supplies Inc. $
Nicely Co.
Office Mate Inc.
Total supplier account balances $

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 17:30, Envious1552

Gary lives in an area that receives high rainfall and thunderstorms throughout the year. which device would be useful to him to maintain his computer?

Answers: 2

continue

Business, 22.06.2019 21:20, eichlingkera13

Which of the following best explains how trade enables greater specialization among producers? a. trade diversifies the market by bringing specialized goods from around the world. b. trade requires distribution networks and adds one more step to the production process. c. trade enables producers to open up new markets for their goods and services. d. trade allows people to focus on one kind of production and trade for their other needs.

Answers: 1

continue

Business, 23.06.2019 02:40, dooderh

James sebenius, in his harvard business review article: six habits of merely effective negotiators, identifies six mistakes that negotiators make that keep them from solving the right problem. identify which mistake is being described. the negotiator has neglected to consider the course of action he will take if the proposed deal is not possible.

Answers: 3

continue

Business, 23.06.2019 09:30, scottbrandon653

Let's consider a hypothetical airline, mudlarks airlines. on one of its flights, precious records show that about 15% of people who had tickets for the flights did not take the flight. there are 120 seats on the plane. 1. how many tickets should mudlarks airlines sell for this flight? 2. as an added consideration, suppose that tickets on this flight cost a flat rate of $250. in addition, mudlarks airlines must give any traveler who purchased a seat for the flight, but who cannot travel due to overbooking, a $400 certificate for their trouble. does this change your answer in question one? now, suppose that mudlarks airlines forms a partnership itch another airline, puffin air. their agreement allocates 100 seats on the flight to mudlarks airlines and another 20 seats to puffin air. the 2 airlines sell tickets for the flight independently of each other. 3. assuming the same 15% no show percent for each airline, how many tickets should each sell?

Answers: 3

continue

Do you know the correct answer?

The purchases journal for Newmark Exterior Cleaners Inc. follows. The accounts payable account has a...