Following is information from Jesper Company for its first month of business. Credit Purchases Jan. 9 Bailey Company 18 Johnson Brothers 22 Preston Company $17, 200 8,200 9,400 Cash Paid Jan. 19 Bailey Company 27 Johnson Brothers 31 Preston Company $11,700 8,200 7,000 1. Post the above transactions in the accounts payable subsidiary ledger. 2. Post the accounts payable balance in the general ledger at month's end.

Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter5: Accounting Systems
Section: Chapter Questions
Problem 5PA: The transactions completed by Revere Courier Company during December 2016, the first month of the...
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Following is information from Jesper Company for its first month of business.
Cash Paid
Jan. 19 Bailey Company
27 Johnson Brothers
31 Preston Company
Credit Purchases
Jan. 9 Bailey Company
18 Johnson Brothers
22 Preston Company
1. Post the above transactions in the accounts payable subsidiary ledger.
2. Post the accounts payable balance in the general ledger at month's end.
Required 1 Required 2
Complete this question by entering your answers in the tabs below.
$17, 200
8,200
9,400
Post the above transactions in the accounts payable subsidiary ledger.
Date
Date
ACCOUNTS PAYABLE LEDGER
Bailey Company
Debit
Credit
Johnson Brothers
Debit
Credit
$11,700
8,200
7,000
Balance
Balance
Transcribed Image Text:Following is information from Jesper Company for its first month of business. Cash Paid Jan. 19 Bailey Company 27 Johnson Brothers 31 Preston Company Credit Purchases Jan. 9 Bailey Company 18 Johnson Brothers 22 Preston Company 1. Post the above transactions in the accounts payable subsidiary ledger. 2. Post the accounts payable balance in the general ledger at month's end. Required 1 Required 2 Complete this question by entering your answers in the tabs below. $17, 200 8,200 9,400 Post the above transactions in the accounts payable subsidiary ledger. Date Date ACCOUNTS PAYABLE LEDGER Bailey Company Debit Credit Johnson Brothers Debit Credit $11,700 8,200 7,000 Balance Balance
Required 1 Required 2
Post the above transactions in the accounts payable subsidiary ledger.
Date
Date
Date
ACCOUNTS PAYABLE LEDGER
Bailey Company
Debit
Credit
Johnson Brothers
Debit
Credit
Preston Company
Debit
Credit
Balance
Balance
Balance
Transcribed Image Text:Required 1 Required 2 Post the above transactions in the accounts payable subsidiary ledger. Date Date Date ACCOUNTS PAYABLE LEDGER Bailey Company Debit Credit Johnson Brothers Debit Credit Preston Company Debit Credit Balance Balance Balance
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