Purchases, Accounts Payable Subsidiary Account, and Accounts Payable Ledger

Sterling Forest 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 Sterling Forest Landscaping during October are as follows:

Oct. 2.		Purchased office supplies on account from Meade Co., $5,590.
5.		Purchased office equipment on account from Peach Computers Co., $8,030.
9.		Purchased office supplies on account from Executive Office Supply Co., $580.
13.		Purchased field supplies on account from Yamura Co., $6,360.
14.		Purchased field supplies on account from Omni Co., $840.
17.		Purchased field supplies on account from Yamura Co., $15,130.
24.		Purchased field supplies on account from Omni Co., $4,260.
29.		Purchased office supplies on account from Executive Office Supply Co., $380.
31.		Purchased field supplies on account from Omni Co., $5,580.

Note: Posting references have been provided.

Required:

1. Insert the following balances in the general ledger as of October 1:

14	Field Supplies	$11,380
15	Office Supplies	2,610
18	Office Equipment	38,370
21	Accounts Payable	9,760

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

GENERAL LEDGER
					Balance
Date	Item	Post. Ref.	Debit	Credit	Dr.	Cr.
Account: Field Supplies #14
Oct. 1	Balance		fill in the blank 1	fill in the blank 2	fill in the blank 3	fill in the blank 4
Oct. 17Oct. 27Oct. 29Oct. 30Oct. 31		P30	fill in the blank 6	fill in the blank 7	fill in the blank 8	fill in the blank 9
Account: Office Supplies #15
Oct. 1	Balance		fill in the blank 10	fill in the blank 11	fill in the blank 12	fill in the blank 13
Oct. 17Oct. 27Oct. 29Oct. 30Oct. 31		P30	fill in the blank 15	fill in the blank 16	fill in the blank 17	fill in the blank 18
Account: Office Equipment #18
Oct. 1	Balance		fill in the blank 19	fill in the blank 20	fill in the blank 21	fill in the blank 22
Oct. 5Oct. 9Oct. 10Oct. 11Oct. 17		P30	fill in the blank 24	fill in the blank 25	fill in the blank 26	fill in the blank 27
Account: Accounts Payable #21
Oct. 1	Balance		fill in the blank 28	fill in the blank 29	fill in the blank 30	fill in the blank 31
Oct. 17Oct. 27Oct. 29Oct. 30Oct. 31		P30	fill in the blank 33	fill in the blank 34	fill in the blank 35	fill in the blank 36

2. Insert the following balances in the accounts payable subsidiary ledger as of October 1:

Executive Office Supply Co.	$3,220
Meade Co.	6,540
Omni 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.

ACCOUNTS PAYABLE SUBSIDIARY LEDGER
Date	Item	Post. Ref.	Debit	Credit	Balance
Account: Executive Office Supply Co.
Oct. 1	Balance		fill in the blank 37	fill in the blank 38	fill in the blank 39
Oct. 2Oct. 5Oct. 6Oct. 9Oct. 13		P30	fill in the blank 41	fill in the blank 42	fill in the blank 43
Oct. 13Oct. 21Oct. 25Oct. 26Oct. 29		P30	fill in the blank 45	fill in the blank 46	fill in the blank 47
Account: Meade Co.
Oct. 1	Balance		fill in the blank 48	fill in the blank 49	fill in the blank 50
Oct. 2Oct. 5Oct. 6Oct. 9Oct. 13		P30	fill in the blank 52	fill in the blank 53	fill in the blank 54
Account: Omni Co.
Oct. 11Oct. 13Oct. 14Oct. 16Oct. 19		P30	fill in the blank 56	fill in the blank 57	fill in the blank 58
Oct. 13Oct. 21Oct. 24Oct. 26Oct. 29		P30	fill in the blank 60	fill in the blank 61	fill in the blank 62
Oct. 13Oct. 21Oct. 25Oct. 26Oct. 31		P30	fill in the blank 64	fill in the blank 65	fill in the blank 66
Account: Peach Computers Co.
Oct. 1Oct. 5Oct. 6Oct. 9Oct. 13		P30	fill in the blank 68	fill in the blank 69	fill in the blank 70
Account: Yamura Co.
Oct. 11Oct. 13Oct. 16Oct. 17Oct. 19		P30	fill in the blank 72	fill in the blank 73	fill in the blank 74
Oct. 11Oct. 17Oct. 18Oct. 29Oct. 31		P30	fill in the blank 76	fill in the blank 77	fill in the blank 78

3. Journalize the transactions for October (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.