Post the journals to the general and subsidiary ledgers. Add and number new accounts in an orderly fashion as needed. (Post entries in the order of journal entries presented in the previous part. If the ending balance is 0 select Bal for the date and enter 0 for the normal balance for that account.)

Wildhorse Company has the following opening account balances in its general and subsidiary ledgers on January 1 and uses the periodic inventory system. All accounts have normal debit and credit balances. General Ledger Account Number Account Title January 1 Opening Balance $33,090 13,130 101 112 115 42,420 120 20,200 125 1,010 130 Cash Accounts Receivable Notes Receivable Inventory Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equip. Accounts Payable Common Stock Retained Earnings 2,020 157 6,510 158 1.520 201 35,350 311 70,700 320 10,810 SCHEDULE OF ACCOUNTS RECEIVABLE (from accounts receivable subsidiary ledger) January 1 Opening Customer Balance G. Dukes $1,820 M. Hall 7.270 L. Longhini 4,040 SCHEDULE OF ACCOUNTS PAYABLE (from accounts payable subsidiary ledger) January 1 Opening Creditor Balance $9.090 O.Kitson D. Markoff 15.150 L. Quinn 11.110 In addition, the following transactions have not been journalized for January 2022. Jan. 3 5 7 8 9 9 10 11 12 13 15 16 Sell merchandise on account to W. Rayms $3,640, invoice no. 510, and M. Fischer $1,820, invoice no. 511. Purchase merchandise on account from K Zapfel $3,030 and J. Liotta $2,420. Receive checks for $4040 from L. Longhini and $2,020 from M. Hall. Pay freight on merchandise purchased $180. Send checks to O.Kitson for $9,090 and L. Quinn for $11,110. Issue credit of $240 to M. Fischer for merchandise returned. Summary cash sales total $15,660. Sell merchandise on account to G. Dukes for $1,920, invoice no.512, and to L. Longhini $910, invoice no. 513. Post all entries to the subsidiary ledgers. Pay rent of $1,010 for January Receive payment in full from W. Rayms and M. Fischer. Pay cash dividend of 5660. Purchase merchandise on account from L. Quinn for $15.150, from O. Kitson for $14.040, and from K. Zapfel for $1.520. Pay $400 cash for office supplies. Return $200 of merchandise to O.Kitson and receive credit. Summary cash sales total $17.930. Issue $15,150 note to D. Markoff in payment of balance due. Receive payment in full from L. Longhini. Post all entries to the subsidiary ledgers. Sell merchandise on account to W. Rayms for $3,740, invoice no. 514, and to G. Dukes for $810, invoice no. 515. Send checks to L. Quinn and O. Kitson in full payment Sell merchandise on account to M. Hall for $3,540, invoice no.516, and to M. Fischer for $6,160, invoice no. 517. Purchase merchandise on account from L. Quinn for $12,630, from J. Liotta $1,210, and from K. Zapfel for $2,830. Pay $200 cash for office supplies. Summary cash sales total $23.150. Pay sales salaries of $4.340 and office salaries of $3.130. 17 18 20 21 21 22 23 25 27 28 31 31 Post the journals to the general and subsidiary ledgers. Add and number new accounts in an orderly fashion as needed. (Post entries in the order of journal entries presented in the previous part. If the ending balance is select Bal for the date and enter for the normal balance for that account.) General Ledger No. 101 Cash Date Explanation Ref Debit Credit Balance Jan 1 Balance 33,090 31 CR1 23.150 31 CP1 10.810 No. 112 Accounts Receivable Date Explanation Ref Debit Credit Balance Jan 1 Balance V 31 S1 31 CR1 9 G1 No. 115 Notes Receivable Date Explanation Ref Debit Credit Balance Jan 1 Balance No. 120 Inventory Date Explanation Ref Debit Credit Balance Jan 1 Balance No. 125 Supplies Date Explanation Ref Debit Credit Balance Jan 1 Balance 31 CP1 No. 130 Prepaid Insurance Date Explanation Ref Jan 1 Balance Debit Credit Balance No. 157 Equipment Date Explanation Ref Debit Credit Balance Jan 1 Balance No. 158 Accumulated Depreciation Equipment Date Explanation Ref Debit Jan 1 Balance Credit Balance No. 200 Notes Payable Date Explanation Ref Debit Credit Balance Jan 21 G1 No. 201 Accounts Payable Date Explanation Ref Debit Credit Balance Jan 1 Balance 31 P1 31 CP1 18 G1 21 G1 No. 311 Common Stock Date Explanation Ref Debit Debit Credit Balance Jan 1 Balance No. 320 Retained Earnings Date Explanation Ref Debit Credit Balance Jan 1 Balance Cash Dividends Date Explanation Ref No. 332 Debit Credit Balance Jan 15 CP1 No. 401 Sales Revenue Date Explanation Ref Debit Credit Balance Jan 31 S1 31 CR1 No. 412 Sales Returns and Allowances Date Explanation Ref Debit Credit Balance Jan 9 G1 No. 510 Purchases Date Explanation Ref Debit Credit Balance Jan 31 P1 No. 512 Purchase Returns and Allowances Date Explanation Ref Debit Credit Balance Jan 18 G1 No. 516 Freight-In Date Explanation Ref Debit Credit Balance Jan 8 CP1 No. 627 Salaries and Wages Expense Date Explanation Ref Debit Credit Balance Jan 31 CP1 No. 729 Rent Expense Date Explanation Ref Debit Credit Balance Jan 12 CP1 Accounts Receivable Subsidiary Ledger 6. Dukes Date Explanation Ref Debit Credit Balance Jan 1 Balance 11 S1 22 S1 M. Fischer Date Explanation Ref Debit Credit Balance Jan 3 S1 9 G1 13 CR1 25 S1 M. Hall Date Explanation Ref Debit Credit Balance Jan 1 Balance 7 CR1 25 51 L. Longhini Date Explanation Ref Debit Credit Balance Jan 1 Balance 7 CR1 11 S1 21 CR1 W. Rayms Date Explanation Ref Debit Credit Balance Jan 3 S1 13 CR1 22 S1 Accounts Payable Subsidiary Ledger J. Liotta Date Explanation Ref Debit Credit Balance Jan 5 P1 27 P1 O.Kitson Date Explanation Ref Debit Credit Balance Jan 1 Balance 9 CP1 16 P1 18 G1 0. Kitson Date Explanation Ref Debit Credit Balance Jan 1 Balance 9 CP1 16 P1 18 G1 23 CP1 D. Markoff Date Explanation Ref Debit Credit Balance Jan 1 Balance 21 G1 L. Quinn Date Explanation Ref Jan 1 Balance Debit Credit Balance 9 CP1 16 P1 23 CP1 27 P1 K. Zapfel Date Explanation Ref Debit Credit Balance Jan 5 P1 16 P1 27 P1 Save for Later Attempts: 0 of 3 used Submit