(b) Indicate the allou control account and the subsidiary accoufl E7-12 Selected accounts from the ledgers of Youngblood Company at July 31 showed the following. Prepare purchases and (LO 2, 3) GENERAL LEDGER No. 157 Inventory No. 120 Equipment Date Esplanation Ref. Debit Credit Balance Date Explanation Ref. Debit Credit Balance 3,900 July 15 18 Gil 400 G1 G1 July 1 Gi 13,900 100 200 100 9,400 Accounts Payable No. 201 25 P1 9,300 Datel Explanation Ref 1 Debit-redit l Balance 31 G1 G1 G1 100 Gil 200 3,900 3,900 400 4,300 4,200 4,000 9,30013,300 uly 1 15 31 ACCOUNTS PAYABLE LEDGER Flaherty Equipment Co Weller Co Date Esplanation Ref. Debit Credit Balance Date Explanation Ref. Debit Credit Balance GIT 3,900, 3,900 July 14 25 July 1 1,100 1,100 P1 G1200 Marsh Co. Yates Co. Date Explanation Ref. Debit Credit BalanceDate Explanation Ref. Debit Credit Balance 2,400 2,400 July 12 1,700 4,100 P1 July 3 20 600 1,100 21 Bernardo Inc. Date Explanation Ref. Debit Credit Balance DateExplanation Ref. Debit Credit 1,400 1,400 July 15 1,300 July 17 G1 400 Gil 100 1600 2,900