Following is information from Jesper Company for its initial month of business. Credit Purchases Cash Paid Jan. 9 Bailey Company $ 17,600 Jan.19 Bailey Company $ 11,900 18 Johnson Brothers 8,400 27 Johnson Brothers 8,400 22 Preston Company 9,800 31 Preston Company 7,200

1. Post the above transactions in the accounts payable subsidiary ledger.

ACCOUNTS PAYABLE LEDGER
Bailey Company
Date	Debit	Credit	Balance
Jan. 09		17,600	17,600
Jan. 19	11,900		5,700
Johnson Brothers
Date	Debit	Credit	Balance
Jan. 18		8,400	8,400
Jan. 27	8,400		0
Preston Company
Date	Debit	Credit	Balance
Jan. 22		9,800	9,800
Jan. 31	7,200		2,600

2.

Post the accounts payable balance in the general ledger at month's end.

GENERAL LEDGER

Accounts Payable
Date	Debit	Credit	Balance