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Accounts Payable Subsidiary LedgerThe cash payments and purchases journal for Outdoor Artisan Landscaping follow. The accounts payable control account has a June 1, 20Y1, balance of $4,820, consisting of an amount owed to Augusta Sod Co.CASH PAYMENTS JOURNALPage 31DateCk. No.Account DebitedPost Ref.Other Accounts Dr.Accounts Payable Dr.Cash Cr.20Y1      June 4203Augusta Sod Co.√ 4,820 4,820 5204Utilities Expense54630  630 15205Home Centers Lumber Co.√ 7,900 7,900 24206Nu Lawn Fertilizer√  1,400 1,400 30   630 14,120 14,750     (√) (21) (11) PURCHASES JOURNALPage 22DateAccount CreditedPost Ref.Accounts Payable Cr.Landscaping Supplies Dr.Other Accounts Dr.Post Ref.Amount20Y1       June 3Home Centers Lumber Co.√7,900  7,900    7Concrete Equipment Co.√3,660   Equipment183,66014Nu Lawn Fertilizer√1,400  1,400    24Augusta Sod Co.√9,690  9,690    29Home Centers Lumber Co.√4,920  4,920    30  27,570  23,910   3,660   (21)  (14)   (√)Prepare a schedule of the accounts payable creditor balances. If an amount is zero, enter "0".Outdoor Artisan LandscapingAccounts Payable Creditor BalancesJune 30, 20Y1Augusta Sod Co.$Concrete Equipment Co. Home Centers Lumber Co. Nu Lawn Fertilizer Total accounts payable$After you prepare the schedule of accounts payable creditor balances, determine that the total agrees with the ending balance of the Accounts Payable controlling account.Outdoor Artisan LandscapingAccounts Payable(Controlling)Balance, June 1, 20Y1$Total credits (from purchases journal) Total debits (from cash payments journal) Balance, June 30, 20Y1$

Question

Accounts Payable Subsidiary Ledger

The cash payments and purchases journal for Outdoor Artisan Landscaping follow. The accounts payable control account has a June 1, 20Y1, balance of $4,820, consisting of an amount owed to Augusta Sod Co.

CASH PAYMENTS JOURNAL Page 31
Date Ck. No. Account Debited Post Ref. Other Accounts Dr. Accounts Payable Dr. Cash Cr.
20Y1            
June 4 203 Augusta Sod Co.   4,820   4,820  
5 204 Utilities Expense 54 630     630  
15 205 Home Centers Lumber Co.   7,900   7,900  
24 206 Nu Lawn Fertilizer     1,400   1,400  
30       630   14,120   14,750  
        (√)   (21)   (11)  


PURCHASES JOURNAL Page 22
Date Account Credited Post Ref. Accounts Payable Cr. Landscaping Supplies Dr. Other Accounts Dr. Post Ref. Amount
20Y1              
June 3 Home Centers Lumber Co. 7,900     7,900        
7 Concrete Equipment Co. 3,660       Equipment 18 3,660
14 Nu Lawn Fertilizer 1,400     1,400        
24 Augusta Sod Co. 9,690     9,690        
29 Home Centers Lumber Co. 4,920     4,920        
30     27,570     23,910       3,660
      (21)     (14)       (√)

Prepare a schedule of the accounts payable creditor balances. If an amount is zero, enter "0".

Outdoor Artisan Landscaping
Accounts Payable Creditor Balances
June 30, 20Y1
Augusta Sod Co. $
Concrete Equipment Co.  
Home Centers Lumber Co.  
Nu Lawn Fertilizer  
Total accounts payable $

After you prepare the schedule of accounts payable creditor balances, determine that the total agrees with the ending balance of the Accounts Payable controlling account.

Outdoor Artisan Landscaping
Accounts Payable
(Controlling)
Balance, June 1, 20Y1 $
Total credits (from purchases journal)  
Total debits (from cash payments journal)  
Balance, June 30, 20Y1 $
check_circleAnswer
Step 1

1.

Outdoor Artisan Landscaping Accounts Payable Creditor balance June, 30,2...

A
Outdoor Artisan Landscaping
1
Accounts Payable Creditor balances
2
3
June,30,20Y1
4
5 Particulars
Amount
9690
6 Augusta Sod Co.
7 Concrete Equipment Co.
8 Home Center Lumber Co.
3660
4920
9 Nu Lawn Fertilizer
0
|=sUM(B6:B9)
10 Total Accounts payable
11
Outdoor Artisan Landscaping
Accounts Payable (Controlling) balances
June ,30,20Y1
12
13
14
15
Amount
16 Particulars
17 Balance, June 1, 20Y1
18 Total credits (from purchases journal)
19 Total debits (from cash payments journal)
4820
27570
14120
-B17+B18-B19
20 Balance, June 30, 20Y1
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A Outdoor Artisan Landscaping 1 Accounts Payable Creditor balances 2 3 June,30,20Y1 4 5 Particulars Amount 9690 6 Augusta Sod Co. 7 Concrete Equipment Co. 8 Home Center Lumber Co. 3660 4920 9 Nu Lawn Fertilizer 0 |=sUM(B6:B9) 10 Total Accounts payable 11 Outdoor Artisan Landscaping Accounts Payable (Controlling) balances June ,30,20Y1 12 13 14 15 Amount 16 Particulars 17 Balance, June 1, 20Y1 18 Total credits (from purchases journal) 19 Total debits (from cash payments journal) 4820 27570 14120 -B17+B18-B19 20 Balance, June 30, 20Y1

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