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Question
Two transactions were posted to the following supplier’s (creditor’s) account:
NAME: Banner Computer Services, Inc.
Address: 890 Novice Lane
| Date | Item | Post. Ref. | Debit | Credit | Balance |
| July 1 | Balance | √ | 5,645 | ||
| 19 | Invoice No. 45 | P16 | 1,755 | 7,400 | |
| 26 | Invoice No. 39 | CP36 | 3,500 | 3,900 |
Describe each transaction and the source of each posting.
Answer
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