(Jitendra) Reineke Companys chart of accounts includes the following selected accounts 101 Cash 201 Accounts Payable 120 Inventory 306 Owners Drawings 130 Prepaid Insurance 505 Cost of Goods Sold 157 Equipment On October 1, the accounts payable ledger of Reineke Company showed the following balances Uggla Company $2,900, Orr Co $2,700, Rosenthal Co $1,900, and Clevenger Company $3,900 The October transactions involving the payment of cash were as follows Oct 1 Purchased merchandise, check no 63, $220 3 Purchased equipment, check no 64, $860 5 Paid Uggla Company balance due of $2,900, less 2 discount, check no 65, $2,842 10 Purchased merchandise, check no 66, $2,550 15 Paid Rosenthal Co balance due of $1,900, check no 67 16 C Reineke, the owner, pays his personal insurance premium of $450, check no 68 19 Paid Orr Co in full for invoice no 610, $1,900 less 2 cash discount, check no 69, $1,862 29 Paid Clevenger Company in full for invoice no 264, $2,800, check no 70 (a) Journalize the transactions above in a four column cash payments journal with columns for Other Accounts Dr , Accounts Payable Dr , Inventory Cr , and Cash Cr Foot and cross foot the journal (Record entries in the order displayed in the problem statement Round answers to 0 decimal places, e g 5,275 )

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(Jitendra) Reineke Companys chart of accounts includes the following selected accounts. 101 Cash 201 Accounts Payable 120 Inventory 306 Owners Drawings 130 Prepaid Insurance 505

(Jitendra)

Reineke Companys chart of accounts includes the following selected accounts.

101	Cash	201	Accounts Payable
120	Inventory	306	Owners Drawings
130	Prepaid Insurance	505	Cost of Goods Sold
157	Equipment

On October 1, the accounts payable ledger of Reineke Company showed the following balances: Uggla Company $2,900, Orr Co. $2,700, Rosenthal Co. $1,900, and Clevenger Company $3,900. The October transactions involving the payment of cash were as follows.

Oct. 1		Purchased merchandise, check no. 63, $220.
3		Purchased equipment, check no. 64, $860.
5		Paid Uggla Company balance due of $2,900, less 2% discount, check no. 65, $2,842.
10		Purchased merchandise, check no. 66, $2,550.
15		Paid Rosenthal Co. balance due of $1,900, check no. 67.
16		C. Reineke, the owner, pays his personal insurance premium of $450, check no. 68.
19		Paid Orr Co. in full for invoice no. 610, $1,900 less 2% cash discount, check no. 69, $1,862.
29		Paid Clevenger Company in full for invoice no. 264, $2,800, check no. 70.

(a)

Journalize the transactions above in a four-column cash payments journal with columns for Other Accounts Dr., Accounts Payable Dr., Inventory Cr., and Cash Cr. Foot and cross-foot the journal. (Record entries in the order displayed in the problem statement. Round answers to 0 decimal places, e.g. 5,275.)