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John Bryant Optical Dispensary completed the following transactions during the latter part of March: Mar....

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Accounting

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John Bryant Optical Dispensary completed the following transactions during the latter part of March: Mar. 15 Purchased office supplies on account, $4,200 28 Paid $1,800 on account. Read the requirements. Mar. 28 | Accounts Payable 1,000 Cash 1,800 Paid cash on account. Requirement 2. The following T-accounts have been opened for you: Cash (Beginning Balance of $21,000), Office Supplies, and Accounts Payable. Post the journal entries from Requirement 1 to the accounts, and compute the balance each account. (Use a "Bal." posting reference on the proper side of each account to show the ending balances of the accounts.) Cash Accounts Payable Bal. 21,000 Office Supplies

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