Purchases, Accounts Payable Subsidiary Account, and Accounts Payable Ledger

English Garden Landscaping designs and installs landscaping. The landscape designers and office staff use office supplies, while field supplies (rock, bark, etc.) are used in the actual landscaping. Purchases on account completed by English Garden Landscaping during January 2014 are as follows:

Jan. 2.		Purchased office supplies on account from Meade Co., $2,700.
5.		Purchased office equipment on account from Peach Computers Co., $3,880.
9.		Purchased office supplies on account from Executive Office Supply Co., $280.
13.		Purchased field supplies on account from Yamura Co., $3,070.
14.		Purchased field supplies on account from Naples Co., $400.
17.		Purchased field supplies on account from Yamura Co., $7,300.
24.		Purchased field supplies on account from Naples Co., $2,060.
29.		Purchased office supplies on account from Executive Office Supply Co., $180.
31.		Purchased field supplies on account from Naples Co., $2,690.

Note: Posting references have been provided.

Required:

1. Insert the following balances in thegeneral ledgeras of January 1:

14	Field Supplies	$5,490
15	Office Supplies	1,260
18	Office Equipment	18,520
21	Accounts Payable	4,710

After completing the recording of transactions in part 3, post thepurchases journalto the accounts in the general ledger. If an amount box does not require an entry, leave it blank.

Account:Field Supplies #14
2014
Jan. 1	Balance
SelectJan. 27Jan. 28Jan. 30Jan. 31Item 5		P30
Account:Office Supplies #15
2014
Jan. 1	Balance
SelectJan. 27Jan. 28Jan. 30Jan. 31Item 14		P30
Account:Office Equipment #18
2014
Jan. 1	Balance
SelectJan. 5Jan. 8Jan. 10Jan. 11Item 23		P30
Account:Accounts Payable #21
2014
Jan. 1	Balance
SelectJan. 27Jan. 28Jan. 30Jan. 31Item 32		P30

2. Insert the following balances in theaccounts payable subsidiary ledgeras of January 1:

Executive Office Supply Co.	$1,550
Meade Co.	3,160
Naples Co.	-
Peach Computers Co.	-
Yamura Co.	-

After completing the recording of transactions in part 3, post to the creditor accounts in the accounts payable subsidiary ledger immediately after each entry. If an amount box does not require an entry, leave it blank.

Account:Executive Office Supply Co.
2014
Jan. 1	Balance
SelectJan. 7Jan. 8Jan. 9Jan. 11Item 40		P30
SelectJan. 27Jan. 29Jan. 30Jan. 31Item 44		P30
Account:Meade Co.
2014
Jan. 1	Balance
SelectJan. 2Jan. 3Jan. 5Jan. 7Item 51		P30
Account:Naples Co.
2014
SelectJan. 1Jan. 3Jan. 14Jan. 30Item 55	P30
SelectJan. 24Jan. 27Jan. 30Jan. 31Item 59		P30
SelectJan. 27Jan. 28Jan. 30Jan. 31Item 63		P30
Account:Peach Computers Co.
2014
SelectJan. 5Jan. 8Jan. 10Jan. 11Item 67		P30
Account:Yamura Co.
2014
SelectJan. 13Jan. 15Jan. 20Jan. 21Item 71		P30
SelectJan. 17Jan. 18Jan. 20Jan. 21Item 75		P30

3. Journalize the transactions for January (in chronological order), using the purchases journal below (p. 30) similar to the one illustrated in this chapter. Post to the creditor accounts in the accounts payable subsidiary ledger (in part 2) immediately after each entry.

4. Post the purchases journal to the accounts in the general ledger (in part 1). If an amount box does not require an entry, leave it blank.

If no other account is needed in the "Other Accounts Dr." column select "No entry required".

2014
Jan. 2	SelectExecutive Office Supply Co.Meade Co.Naples Co.Peach Computers Co.Yamura Co.Item 79		SelectNo Entry RequiredCashOffice EquipmentOffice Supplies ExpenseItem 83
Jan. 5	SelectExecutive Office Supply Co.Meade Co.Naples Co.Peach Computers Co.Yamura Co.Item 85		SelectNo Entry RequiredCashOffice EquipmentOffice Supplies ExpenseItem 89
Jan. 9	SelectExecutive Office Supply Co.Meade Co.Naples Co.Peach Computers Co.Yamura Co.Item 91		SelectNo Entry RequiredCashOffice EquipmentOffice Supplies ExpenseItem 95
Jan. 13	SelectExecutive Office Supply Co.Meade Co.Naples Co.Peach Computers Co.Yamura Co.Item 97		SelectNo Entry RequiredCashOffice EquipmentOffice Supplies ExpenseItem 101
Jan. 14	SelectExecutive Office Supply Co.Meade Co.Naples Co.Peach Computers Co.Yamura Co.Item 103		SelectNo Entry RequiredCashOffice EquipmentOffice Supplies ExpenseItem 107
Jan. 17	SelectExecutive Office Supply Co.Meade Co.Naples Co.Peach Computers Co.Yamura Co.Item 109		SelectNo Entry RequiredCashOffice EquipmentOffice Supplies ExpenseItem 113
Jan. 24	SelectExecutive Office Supply Co.Meade Co.Naples Co.Peach Computers Co.Yamura Co.Item 115		SelectNo Entry RequiredCashOffice EquipmentOffice Supplies ExpenseItem 119
Jan. 29	SelectExecutive Office Supply Co.Meade Co.Naples Co.Peach Computers Co.Yamura Co.Item 121		SelectNo Entry RequiredCashOffice EquipmentOffice Supplies ExpenseItem 125
Jan. 31	SelectExecutive Office Supply Co.Meade Co.Naples Co.Peach Computers Co.Yamura Co.Item 127		SelectNo Entry RequiredCashOffice EquipmentOffice Supplies ExpenseItem 131
Jan. 31

5a. What is the sum of the creditor balances in thesubsidiary ledgerat January 31? $

5b. What is the balance of the account payablecontrolling accountat January 31? $

6. What type ofe-commerceapplication would be used to plan and coordinate transactions with suppliers? Selectcustomer relationship managementsupply chain managementItem 139