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Journalize transactions of kendell bryant optical dispensary

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Reference no: EM132213734

Question - Kendell Bryant Optical Dispensary completed the following transactions during the latter part of March:

Mar. 15 Purchased office supplies on account, $4,200

Mar. 28 Paid $1,200 on account.

Requirement 1 - Journalize the transactions of Kendell Bryant Optical Dispensary. Include an explanation with each journal entry.

Requirement 2 - The following T-accounts have been opened for you: Cash (Beginning Balance of $16,000), Office Supplies, and Accounts Payable. Post the journal entries from Requirement 1 to the accounts, and compute the balance in each account.

Reference no: EM132213734

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