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 $4,820, consisting of an amount owed to Augusta Sod Co.
|CASH PAYMENTS JOURNAL||Page 31|
|Date||Ck. No.||Account Debited||Post Ref.||Other Accounts Dr.||Accounts Payable Dr.||Cash Cr.|
|June 4||203||Augusta Sod Co.||√||4,820||4,820|
|15||205||Home Centers Lumber Co.||√||7,900||7,900|
|24||206||Nu Lawn Fertilizer||√||1,400||1,400|
|PURCHASES JOURNAL||Page 22|
|Date||Account Credited||Post Ref.||Accounts Payable Cr.||Landscaping Supplies Dr.||Other Accounts Dr.||Post Ref.||Amount|
|June 3||Home Centers Lumber Co.||√||7,900||7,900|
|7||Concrete Equipment Co.||√||3,660||Equipment||18||3,660|
|14||Nu Lawn Fertilizer||√||1,400||1,400|
|24||Augusta Sod Co.||√||9,690||9,690|
|29||Home Centers Lumber Co.||√||4,920||4,920|
Prepare a schedule of the accounts payable creditor balances. If an amount is zero, enter "0".
|Outdoor Artisan Landscaping|
|Accounts Payable Creditor Balances|
|June 30, 20Y1|
|Augusta Sod Co.||$|
|Concrete Equipment Co.|
|Home Centers Lumber Co.|
|Nu Lawn Fertilizer|
|Total accounts payable||$|
After you prepare the schedule of accounts payable creditor balances, determine that the total agrees with the ending balance of the Accounts Payable controlling account.
|Outdoor Artisan Landscaping|
|Balance, June 1, 20Y1||$|
|Total credits (from purchases journal)|
|Total debits (from cash payments journal)|
|Balance, June 30, 20Y1||$|
Outdoor Artisan Landscaping Accounts Payable Creditor balance June, 30,2...
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