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Following is information from Jesper Company for its initial month of business. Credit Purchases Cash Paid Jan. 9 Bailey Company $ 17,200 Jan.19 Bailey Company

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

Credit Purchases Cash Paid
Jan. 9 Bailey Company $ 17,200 Jan.19 Bailey Company $ 11,700
18 Johnson Brothers 8,200 27 Johnson Brothers 8,200
22 Preston Company 9,400 31 Preston Company 7,000

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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Post the above transactions in the accounts payable subsidiary ledger.

ACCOUNTS PAYABLE LEDGER
Bailey Company
Date Debit Credit Balance
Johnson Brothers
Date Debit Credit Balance
Preston Company
Date Debit Credit Balance

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

GENERAL LEDGER
Accounts Payable
Date Debit Credit Balance

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