Company would like to purchase office stationery from two vendors. The purchases are as follow:...
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Accounting
Company would like to purchase office stationery from two vendors. The purchases are as follow: $3000 from Vendor 1 and $2000 from Vendor 2. The purchases will be on credit and the company will pay the vendors later via a check.
Q: Using the (T) account, record the purchases for each vendor in the accounts sub-ledger payable accounts and illustrate how it will appear in the general ledger accounts.
Avoid Plagiarism (copying) please.
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