2) Match each of the following transactions to the journal entry and subsidiary ledger posting (a through k) that best applies.

Issued check for rent Purchased equipment on account Issued an invoice to a customer Received a check from a customer for payment on account Issued check for advertising expense Issued check for a payment on account Issued check for purchase of supplies Issued check for salary Received cash for a sale Purchased supplies on account Purchased a computer for cash Paid for the equipment purchased on account Journalized the adjusting entry for supplies used during the month

a. CR, no subsidiary posting b. CP, no subsidiary posting c. R, no subsidiary posting d. P, no subsidiary posting e. G, no subsidiary posting f. CR, AR g. CP, AP h. R, AR i. P, AP j. G, AR k. G, AP

Match each of the following general and subsidiary ledger postings to the description (a through e) that best applies. Accounts receivable subsidiary ledger/Accounts Receivable Dr. a. Purchase on account b. Collection from customer on account Accounts receivable subsidiary ledger Accounts Receivable Cr. c. Adjustment for expired insurance Accounts payable subsidiary ledger/Accounts Payable Cr. d. Payment to creditor on account e. Sale on account Accounts payable subsidiary ledger/Accounts Payable Dr. No subsidiary ledger posting V V