192. The chart of accounts classify the accounts to make identification of the accounts easier. Discuss how companies set up their chart of accounts for use in their business 193. On September 1st,...

192. The chart of accounts classify the accounts to make identification of the accounts easier. Discuss how companies set up their chart of accounts for use in their business

193. On September 1st, Erika Company purchased land for $47,500 cash. Write the journal entry in the space below.

194. On October 10th, Nikle Company purchased supplies worth $2,750 on account.
(a) Write the journal entry in the space below.






(b) Nikle Company paid this bill on October 25th. Write the journal entry in the space below.