PE 5-4B Accounts payable subsidiary ledger
The debits and credits from two transactions are presented in the following supplier’s (creditor’s) account:
|
NAME |
Daisy Inc. |
||||
|
ADDRESS |
5000 Grand Ave. |
||||
|
Date |
Item |
Post Ref. |
Debit |
Credit |
Balance |
|
Feb. 1 |
Balance |
92 |
|||
|
11 |
Invoice 122 |
CP71 |
79 |
13 |
|
|
20 |
Invoice 139 |
P55 |
57 |
70 |
Describe each transaction and the source of each posting.