Big Country Ski Shop is a retail store that sells ski equipment and clothing. Big Country Ski Shop commenced business on September 1, 2019. The firm purchases merchandise on open account. The firms purchases, purchase returns and allowances, and cash payments on account during September 2019 follow:

Big Country Ski Shop is a retail store that sells ski equipment and clothing. Big Country Ski Shop commenced business on September 1, 2019. The firm purchases merchandise on open account. The firm's purchases, purchase returns and allowances, and cash payments on account during September 2019 follow: TRANSACTIONS DATE 2019 Sept. 2 Purchased ski boots for $5,200 plus a freight charge of $250 from Colorado Ski Shop, Invoice 6672, terms n/30 3 Purchased skis for $10,800 from Alaska Supply Company, Invoice 5916; terms 2/10, n/30 7 Received Credit Memorandum 165 for $860 from Colorado Ski Shop for return of damaged ski boots; the boots were originally purchased September 2 on Invoice 6672 11 Purchased ski jackets for $3,600 from Cold Mountain Clothing Company, Invoice 4091, terms n/30 12 Issued Check 104 to Alaska Supply Company in payment of Invoice 5916, dated September 3, less the cash discount. 22 Purchased ski poles for $3,360 plus a freight charge of $190 from Alaska Supply Company, Invoice 5950, terms 3/10, n/30 23 Purchased ski pants for $1,850 from Swenson Ski Goods, Invoice 528, terms n/30 25 Received Credit Memorandum 245 for $260 from Swenson Ski Goods for return of defective ski pants; the pants were originally purchased September 23 on Invoice 528. 27 Purchased ski sweaters for $4,000 plus a freight charge of $170 from Colorado Ski Shop, Invoice 6722, terms n/30 30 Issued Check 110 to Colorado Ski Shop in payment of Invoice 6672, dated September 2, less the return of September 7 Required: 1. Open the general ledger accounts and accounts payable ledger accounts indicated below. Enter the balance of Cash as of September 1, 2019. 2. Post the entries from the general journal to the appropriate accounts in the general ledger and in the accounts payable ledger. 3. Prepare a schedule of accounts payable. GENERAL LEDGER ACCOUNTS 101 Cash, $25,000 Dr 201 Accounts Payable 501 Purchases 502 Freight In 503 Purchases Returns and Allowances 504 Purchases Discounts Purchases Account No: 501 Freight In Account No: 502 Credit Balance Debit Date Debit Date Credit Balance Purchases Returns and Account No: 503 Purchases Discounts Account No: 504 Allowances Debit Date Credit Balance Date Debit Credit Balance > General Ledgers AP Ledgers ACCOUNTS PAYABLE LEDGER ACCOUNTS Alaska Supply Company Cold Mountain Clothing Company Colorado Ski Shop Swenson Ski Goods Analyze: What portion of the purchases in September, before purchases returns and allowances and before purchases discounts, were for clothing items? Include ski boots as a clothing item. Complete this question by entering your answers in the tabs below. General AP Ledgers Schedule of AP Analyze Ledgers Post the transactions to the appropriate accounts in the accounts payable ledger. Cold Mountain Clothing Company Alaska Supply Company Terms: n/30 Terms: 3/10, n/30 Debit Date Credit Balance Date Debit Credit Balance Colorado Ski Shop Terms: n/30 Terms: n/30 Swenson Ski Goods Debit Date Credit Balance Date Debit Credit Balance General Ledgers Schedule of AP ACCOUNTS PAYABLE LEDGER ACCOUNTS Alaska Supply Company Cold Mountain Clothing Company Colorado Ski Shop Swenson Ski Goods Analyze: What portion of the purchases in September, before purchases returns and allowances and before purchases discounts, were for clothing items? Include ski boots as a clothing item. Complete this question by entering your answers in the tabs below. General AP Ledgers Schedule of AP Analyze Ledgers Prepare a schedule of accounts payable. Compare the balance of the Accounts Payable control account with the total of the schedule. BIG COUNTRY SKI SHOP Schedule of Accounts Payable September 30, 2019 Alaska Supply Company Cold Mountain Clothing Company Colorado Ski Shop Swenson Ski Goods $ 0 Total AP Ledgers Analyze 101 Cash, $25,000 Dr 201 Accounts Payable 501 Purchases 502 Freight In 503 Purchases Returns and Allowances 504 Purchases Discounts ACCOUNTS PAYABLE LEDGER ACCOUNTS Alaska Supply Company Cold Mountain Clothing Company Colorado Ski Shop Swenson Ski Goods Analyze: What portion of the purchases in September, before purchases returns and allowances and before purchases discounts, were for clothing items? Include ski boots as a clothing item. Complete this question by entering your answers in the tabs below. General Schedule of AP Analyze AP Ledgers Ledgers What portion of the purchases in September, before purchases returns and allowances and before purchases discounts, were for clothing items? Include ski boots as a clothing item Portion of clothing items purchased Schedule of AP Analyze