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

Another question on Business

Business, 21.06.2019 16:00

Match each feature with the savings account type

Answers: 3

Answer

Business, 22.06.2019 01:00

You are the manager in charge of global operations at bankglobal â€“ a large commercial bank that operates in a number of countries around the world. you must decide whether or not to launch a new advertising campaign in the u.s. market. your accounting department has provided the accompanying statement, which summarizes the financial impact of the advertising campaign on u.s. operations. in addition, you recently received a call from a colleague in charge of foreign operations, and she indicated that her unit would lose $8 million if the u.s. advertising campaign were launched. your goal is to maximize bankglobalâ€™s value. should you launch the new campaign? explain. pre-advertising campaign post-advertising campaign total revenues $18,610,900 $31,980,200 variable cost tv airtime 5,750,350 8,610,400 ad development labor 1,960,580 3,102,450 total variable costs 7,710,930 11,712,850 direct fixed cost depreciation â€“ computer equipment 1,500,000 1,500,000 total direct fixed cost 1,500,000 1,500,000 indirect fixed cost managerial salaries 8,458,100 8,458,100 office supplies 2,003,500 2,003,500 total indirect fixed cost $10,461,600 $10,461,600

Answers: 2

Answer

Business, 23.06.2019 04:00

Estimate the prouduct sovle using an area modelestimate the product you solve using an area model and the standard algorithm.remeber to express your products in the standard form

Answers: 3

Answer

Business, 23.06.2019 16:30

Choose the term that best matches the description given. when the materials for the product are in short supply, but the demand is high, it is called

Answers: 1

Answer

You know the right answer?

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

Questions