what type of e commerce application would be used to plan and coordinate suppliers 551387

PR 5-3B Purchases, accounts payable account, and accounts payable ledger

True Plumb Surveyors provides survey work for construction projects. The office staff use office supplies, while surveying crews use field supplies. Purchases on account completed by True Plumb Surveyors during August 2012 are as follows:

Instructions

1. Insert the following balances in the general ledger as of August 1:

2. Insert the following balances in the accounts payable subsidiary ledger as of August 1:

3. Journalize the transactions for August, using a purchases journal similar to the one illustrated in this chapter. Prepare the purchases journal with columns for Accounts Payable, Field Supplies, Office Supplies, and Other Accounts. Post to the creditor accounts in the accounts payable ledger immediately after each entry.

4. Post the purchases journal to the accounts in the general ledger.

5. a. What is the sum of the balances in the subsidiary ledger at August 31?

b. What is the balance of the controlling account at August 31?

6. What type of e-commerce application would be used to plan and coordinate suppliers?