Sterling Forest Landscaping designs and installs landscaping. The landscape designers and office staff use office supplies, whille field supplies (rock, bark, etc.) are used in the actual landscaping. Purchases on account completed by Sterling Forest Landscaping during October are as follows: Oct. 2. Purchased office supplies on account from Meade Co., $6,070. 5. Purchased office equipment on account from Peach Computers Co., $8,730. 9. Purchased office supplies on account from Executive Office Supply Co., $630. 13. Purchased field supplies on account from Yamura Co., $6,900. 14. Purchased field supplies on account from Omni Co., $910. 17. Purchased field supplies on account from Yamura Co., $16,430. 24. Purchased field supplies on account from Omni Co., $4,630. 29. Purchased office supplies on account from Executive Office Supply Co., $410. 31. Purchased field supplies on account from Omni Co., $6,060. Note: Posting references have been provided. Required: 1. Insert the following balances in the general ledger as of October 1: 14 Field Supplies $12,360 15 office Supplies 2,840 18 Office Equipment 41,670 21 Accounts Payable 10,600 After completing the recording of transactions in part 3, post the purchases journal to the accounts in the general ledger. If an amount box does not require an entry, leave it blank.
Sterling Forest Landscaping designs and installs landscaping. The landscape designers and office staff use office supplies, whille field supplies (rock, bark, etc.) are used in the actual landscaping. Purchases on account completed by Sterling Forest Landscaping during October are as follows: Oct. 2. Purchased office supplies on account from Meade Co., $6,070. 5. Purchased office equipment on account from Peach Computers Co., $8,730. 9. Purchased office supplies on account from Executive Office Supply Co., $630. 13. Purchased field supplies on account from Yamura Co., $6,900. 14. Purchased field supplies on account from Omni Co., $910. 17. Purchased field supplies on account from Yamura Co., $16,430. 24. Purchased field supplies on account from Omni Co., $4,630. 29. Purchased office supplies on account from Executive Office Supply Co., $410. 31. Purchased field supplies on account from Omni Co., $6,060. Note: Posting references have been provided. Required: 1. Insert the following balances in the general ledger as of October 1: 14 Field Supplies $12,360 15 office Supplies 2,840 18 Office Equipment 41,670 21 Accounts Payable 10,600 After completing the recording of transactions in part 3, post the purchases journal to the accounts in the general ledger. If an amount box does not require an entry, leave it blank.
Accounting Information Systems
10th Edition
ISBN:9781337619202
Author:Hall, James A.
Publisher:Hall, James A.
Chapter9: Database Management Systems
Section: Chapter Questions
Problem 22P
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Transcribed Image Text:Sterling Forest Landscaping designs and installs landscaping. The landscape designers and office staff use office supplies, whille field supplies (rock, bark, etc.) are used in the actual landscaping. Purchases on account completed by Sterling Forest Landscaping during October are as follows:
Oct. 2.
Purchased office supplies on account from Meade Co., $6,070.
5.
Purchased office equipment on account from Peach Computers Co., $8,730.
9.
Purchased office supplies on account from Executive Office Supply Co., $630.
13.
Purchased field supplies on account from Yamura Co., $6,900.
14.
Purchased field supplies on account from Omni Co., $910.
17.
Purchased field supplies on account from Yamura Co., s16,430.
24.
Purchased field supplies on account from Omni Co., $4,630.
29.
Purchased office supplies on account from Executive Office Supply Co., $410.
31.
Purchased field supplies on account from Omni Co., $6,060.
Note: Posting references have been provided.
Required:
1. Insert the following balances in the general ledger as of October 1:
Field Supplies
$12,360
14
15
office Supplies
2,840
18
Office Equipment
41,670
21
Accounts Payable
10,600
After completing the recording of transactions in part 3, post the purchases journal to the accounts in the general ledger. If an amount box does not require an entry, leave it blank.
GENERAL LEDGER
Balance
Date
Item Post. Ref.
Debit
Credit
Dr.
Cr.
Account: Field Supplies 14
Oct. 1
Balance
12,360
Oct. 31
P30
Account: Office Supplies #15
Oct. 1
Balance
2,840
Oct. 31
P30
Account: Office Equipment #18
Oct. 1
Balance
41,670
Oct. 5
P30
Account: AcCounts Payable #21
Oct. 1
Oct. 31
Balance
10,600
P30
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