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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

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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 DATE TRANSACTIONS 2019 Sept. 2 Purchased ski boots for $6,200 plus a freight charge of $270 from colorado Ski Shop, Invoice 6672, terms n/30. 3 Purchased skis for $11,800 from Alaska Supply Company, Invoice 5916; terms 1/10, n/30. 7 Received Credit Memorandum 165 for $960 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 $4,600 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 $4,360 plus a freight charge of $150 from Alaska Supply Company 23 Purchased ski pants for $2,850 from Swenson Ski Goods, Invoice 528, terms n/30 Invoice 5950, terms 3/10, n/30. 25 Received Credit Memor andum 245 for $360 from Swenson ski Goods for return of defective ski 27 Purchased ski sweaters for $3,200 plus a freight charge of $130 from Colorado Ski Shop, Invoice 30 Issued Check 110 to colorado Ski Shop in payment of Invoice 6672, dated September 2, less the pants: the pants were originally purchased September 23 on Invoice 528. 6722, terms n/30. 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

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