Instructions Schedule of Accounts Payable 1. Prepare a schedule of accounts payable for Frank's Fantasy as of July 31, 20- 2. Which of these steps do you follow to verify that the accounts payable account balance in the general ledger agrees with the schedule of accounts payable total? b. Verify the total of the schedule. b. Verify the postings to the accounts payable ledger c. Verify the postings to the purchases journal 11. Verify the postings to the accounts payable in the general ledger. Emily Frank owns a small retail business called Frank's Fantasy. The transactions that occurred during July are reflected in the Accounts Payable subsidiary ledger below. ACCOUNTS PAYARIFIED Instructions ACCOUNTS PAYABLE LEDGER Applied Business NAME DATE TIEMPOST. RETDEBIT CREDIT BALANCE 20- July 25 2,650 2,650 Instructions Don 's Dolls NAME ADDRESS DATE ITEM POST. REF. DEBIT CREDIT BALANCE 20- July 8 116 2,900 2,900 2.550 July 15 July 18 116 117 350 2,550 Instructions NAME Scheer Company ADDRESS DATE ITEM POST. REF. DEBIT CREDIT BALANCE 20- July 3 3,300 July 13 3,300 July 20 Tilly's Toys NAME ADDRESS DATE TIEM POST. REEDEBIT CREDIT BALANCE 20 July 1 July 5 July 11 July 26 J16 116 316 J17 300 2.500 NNN 992