Following is information from Jesper Company for its initial month of business.

Credit Purchases					Cash Paid
Jan. 9	Bailey Company	$	16,600		Jan.19	Bailey Company	$	11,400
18	Johnson Brothers		7,900		27	Johnson Brothers		7,900
22	Preston Company		8,800		31	Preston Company		6,700

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.