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Following is information from Jesper Company for its initial month of business. Credit Purchases Cash Paid Jan. 9 Bailey Company$14, 600 Jan.19 Bailey Company $10,400

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Following is information from Jesper Company for its initial month of business. Credit Purchases Cash Paid Jan. 9 Bailey Company$14, 600 Jan.19 Bailey Company $10,400 27 Johnson Brothers 6, 900 5, 700 6,900 6,800 22 Preston Company 31 Preston company 1. Post the above transactions in the accounts payable subsidiary ledger. 2. Post the accounts payable balance in the general ledger at month's end

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