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An organization purchases office supplies as explained below. The vendor invoices the organization at a...

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Accounting

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An organization purchases office supplies as explained below. The vendor invoices the organization at a later date, and the organization makes payment via a check. Prepare the t-accounts to illustrate the impact of these purchases on the general ledger and the related sub- ledgers. a. Purchase office supplies for $2,500 from Vendor Y b. Purchase office supplies for $3,400 from Vendor Z You must list all related general ledger accounts and sub-ledgers. In each account, mark each debit/credit entry with one of the numbers listed below. (1) Purchase from Vendor Y; (2) Purchase from Vendor Z; (3) Payment to Vendor Y; (4) Payment to Vendor Z Hint: Purchasing office supplies are recorded as Supplies Expense on the general ledger

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