The following is an updated schedule of accounts payable as of January 31, 202Y.

Assignment
1. Journalize the transactions. Use the perpetual method.
2. Record in the accounts payable subsidiary ledger and post to the general ledger as appropriate. A partial general ledger is included in the working papers that are available in MyLab Accounting. The following account has been added to the chart of accounts: Merchandise Inventory 1021.
3. Prepare a schedule of accounts payable as of February 28, 202Y. The transactions for the month of February are as follows:

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Schedule of Accounts Payable Hardware Haven Nuts and Bolts Pacific Bell System Design Furniture Total Accounts Payable $ 675 450 155 1,500 $2,780