4. Derek Dempsey owns a retail furniture store. The books include a cash payments journal and an accounts payable ledger. All cash payments (except petty cash) are entered in the cash payments journal Selected account balances as of July 1 are as follows: General Ledger Cash Accounts Payable Accounts Payable Ledger Middle Town Co. Montauk Unlimited Rolling Hills & Co. Sunrise Inc. s 2,800 1,800 10,200 3,200 $38,000 18,000 The following are transactions related to cash payments during the month of July