EX 5-13 Identify transactions in accounts payable ledger account
The debits and credits from three related transactions are presented in the following creditor’s account taken from the accounts payable ledger.
|
NAME |
Apex Performance Co. |
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|
ADDRESS |
101 W. Stratford Ave. |
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|
Date |
Item |
Post Ref. |
Debit |
Credit |
Balance |
|
2012 |
|||||
|
Mar. 6 |
P44 |
12,000 |
12,000 |
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|
11 |
J12 |
400 |
11,600 |
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|
16 |
CP23 |
11,600 |
— |
Describe each transaction, and identify the source of each posting.