Mr Alfed calls you into his office and explains that the Monthly Accounts Payable ledgers for August 2020 for Radcliff Rifles has yet to be written up. He hands you the following series of notes:

At 1 August 2020, Radcliffe Rifles had the following list of creditors.

Name	$
Parkers Products	2550
Yau Ammunition	2819
Swanton Supplies	1798
Niu Things	2772
Total Accounts Payable	9939

During the month of August, Radcliffe Rifles had the following transactions with its creditors.

Purchases Journal

Date 2018	Creditor	Invoice No.	Accounts Payable
2 Aug	Swanston Supplies	PL 785	242
5 Aug	Parker Products	SX2945	924
9 Aug	Yau Ammunition	2485	1320
12 Aug	Parker Products	SX 3013	660
17 Aug	Swanston Supplies	PL 823	110
22 Aug	Niu Things	N812	3080
29 Aug	Yau Ammunition	2512	1650
31 Aug	TOTALS		7986

Cash Payments Journal extract

Date	Details	Bank	Discount Received
4 Aug	Yau Ammunition	2 220
6 Aug	Parker Products	1 550
7 Aug	Swanston Supplies	290	8
7 Aug	Niu Things	1 000
10 Aug	Yau Ammunition	599
10 Aug	Parker Products	980	20
14 Aug	Swanston Supplies	1 200
14 Aug	Parker Products	877	46
20 Aug	Swanston Supplies	242
20 Aug	Yau Ammunition	1 267	52
30 Aug	Niu Things	1 772
Aug Totals		11997	126

Required:

Mr Alfred asks you to draw up an Accounts Payable Control Account ledger and post the information above to this account in the General Ledger. Balance the account at 31 August, and prepare the account for the next reporting period.

Required:

Post the relative information to the Parker Products account in the Accounts Payable Subsidiary Ledger

for the month of June. Balance the account at the end of each month and prepare the account for the next

reporting period.

Mr Alfreds assistant is confused as to why Mr Alfred has his clients maintain both control accounts

and subsidiary records. She sees little benefit to the business as the same person maintains both records.

Required:

Explain to Mr Alfreds assistant why Mr Alfred has his clients maintain both records.