Consultant Aaron Ashton purchased supplies on account for $ Later Ashton paid $ on account.
Journalize the two transactions on the books of Aaron Ashton, Consultant. Include an explanation for each transaction.
A Taccount for Accounts Payable has been opened. Post to Accounts Payable. Compute the balance and denote it as Bal.
How much does the business owe after both transactions? In which account does this amount appear?
Architect Aaron Ashton purchased supplies on account for $
Journal Entry
tableAccounts and Explanations,Debit
Later Ashton paid $ on account.
Journal Entry
tableAccounts and Explanations,Debit
the ending balance as Bal.
How much does the business owe after both transactions? In which account does this amount appear?
