Problem 7-2A (Part Level Submission) Reineke Company's chart of accounts includes the following selected accounts. 101 Cash 201 Accounts Payable 120 Inventory 306 Owner's 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. $1,700, and Clevenger Company $3,900. The October transactions involving the payment of cash were as follows. Oct. 1 Purchased merchandise, check no. 63, $340. 3 Purchased equipment, check no. 64, $900. 5 Paid Uggla Company balance due of $2,900, less 2% discount, check no. 65, $2,842. 10 Purchased merchandise, check no. 66, $2,600. 15 Paid Rosenthal Co. balance due of $1,700, check no. 67. 16 C. Reineke, the owner, pays his personal insurance premium of $350, check no. 68. 19 Paid Orr Co. in full for invoice no. 610, $2,150 less 2% cash discount, check no. 69, $2,107. 29 Paid Clevenger Company in full for invoice no. 264, $2,300, 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.) Cash Payments Journal CP1 Date Ck. No. Account Debited Ref. Other Accounts Dr. Accounts Payable Dr. Inventory Cr. Cash Cr. Oct. 1 63 Inventory 120 Oct. 3 A 64 Equipment 157 Oct. 5 65 Uggla Company Oct. 10 A 66 Inventory 120 Oct. 15 A 67 Rosenthal Co. A Oct. 16 A 68 Owner's Drawing 306 Oct. 19 A 69 Orr Co. Oct. 29 A 70 Clevenger Company - (X) (201) (120) (101)