Two transactions were posted to the following supplier's
(creditor's) account:NAME: Banner Computer Services, Inc.Address: 890 Novice Lane? $$\begin{array} { | r | l | c | c | r | r | }
\hline { \text { Date } } & \text { Item } & \text { Post. Ref. } & \text { Debit } & \text { Credit } & \text { Balance } \
\hline \text { July } 1 & \text { Balance } & \sqrt { } && & 5,645 \
\hline 19 & \text { Invoice No. } 45 & \text { P16 } & & 1,755 & 7,400 \
\hline 26 & \text { Invoice No. } 39 & \text { CP36 } & 3,500 & & 3,900 \
\hline
\end{array}$$ Describe each transaction and the source of each posting.

Question

Two transactions were posted to the following supplier's 
(creditor's) account:NAME: Banner Computer Services, Inc.Address: 890 Novice Lane? $$\begin{array} { | r | l | c | c | r | r | } 
\hline { \text { Date } } & \text { Item } & \text { Post. Ref. } & \text { Debit } & \text { Credit } & \text { Balance } \
\hline \text { July } 1 & \text { Balance } & \sqrt {  } && & 5,645 \
\hline 19 & \text { Invoice No. } 45 & \text { P16 } & & 1,755 & 7,400 \
\hline 26 & \text { Invoice No. } 39 & \text { CP36 } & 3,500 & & 3,900 \
\hline
\end{array}$$ Describe each transaction and the source of each posting.

Quizplus · Accepted Answer

The Answer of Two transactions were posted to the following supplier's 
(creditor's) account:NAME: Banner Computer Services, Inc.Address: 890 Novice Lane? $$\begin{array} { | r | l | c | c | r | r | } 
\hline { \text { Date } } & \text { Item } & \text { Post. Ref. } & \text { Debit } & \text { Credit } & \text { Balance } \
\hline \text { July } 1 & \text { Balance } & \sqrt {  } && & 5,645 \
\hline 19 & \text { Invoice No. } 45 & \text { P16 } & & 1,755 & 7,400 \
\hline 26 & \text { Invoice No. } 39 & \text { CP36 } & 3,500 & & 3,900 \
\hline
\end{array}$$ Describe each transaction and the source of each posting.

Two Transactions Were Posted to the Following Supplier's (Creditor's)

Two Transactions Were Posted to the Following Supplier's
(Creditor's)