Purchases and Cash Payments Journals Happy Tails Inc. has a September 1, 2014 accounts payable balance of $795, which consists of $505 due Labradore Inc. and $290 due Meow Mart Inc. Transactions related to purchases and cash payments completed by Happy Tails Inc. during the month of September 20Y4 are as follows: Sept. 4. Purchased pet supplies from Best Friend Supplies Inc. on account, $340. Sept. 6. Issued Check No. 345 to Labradore Inc. in payment of account, $505. Sept. 13. Purchased pet supplies from Poodle Pals Inc., $980. Sept. 18. Issued Check No. 346 to Meow Mart Inc. in payment of account, $290. Sept. 19. Purchased office equipment from Office Helper Inc. on account, $3,350. Sept. 23. Issued Check No. 347 to Best Friend Supplies Inc. in payment of account from purchase made on September 4. Sept. 27. Purchased pet supplies from Meow Mart Inc. on account, $525. Sept. 30. Issued Check No. 348 to Sanders Inc. for cleaning expenses, $75. Happy Tails Inc. uses the following accounts: Cash Pet Supplies Office Equipment Accounts Payable Cleaning Expense a. Prepare a purchases journal and a cash payments journal to record these transactions in chronological order. If an amount box does not require an entry, leave it blank. If no entry is required in "Other Accounts Dr." then select "No entry required". PAGE 16 PURCHASES JOURNAL Accounts Payable Cr. DATE Account Credited Post. Ref. Pet Supplies Dr. Other Accounts Dr. Post. Ref. Amount 2014 CASH PAYMENTS JOURNAL Account Debited Post. Ref. Other Accounts Dr. Accounts Payable Dr. PAGE 22 Cash Cr. DATE Ck. No. 2014 b. Prepare a listing of accounts payable creditor balances on September 30, 20Y4. Verify that the total of the accounts payable creditor balances equals the balance of the accounts payable controlling account on September 30, 20Y4. Happy Tails Inc. Accounts Payable Creditor Balances September 30, 2014 Meow Mart Inc. Poodle Pals Inc. Office Helper Inc. Total creditor (supplier) accounts ? c. Happy Tails Inc. uses a subsidiary ledger for accounts payable for all of the following reasons EXCEPT: Purchases and Cash Payments Journals Happy Tails Inc. has a September 1, 2014 accounts payable balance of $795, which consists of $505 due Labradore Inc. and $290 due Meow Mart Inc. Transactions related to purchases and cash payments completed by Happy Tails Inc. during the month of September 20Y4 are as follows: Sept. 4. Purchased pet supplies from Best Friend Supplies Inc. on account, $340. Sept. 6. Issued Check No. 345 to Labradore Inc. in payment of account, $505. Sept. 13. Purchased pet supplies from Poodle Pals Inc., $980. Sept. 18. Issued Check No. 346 to Meow Mart Inc. in payment of account, $290. Sept. 19. Purchased office equipment from Office Helper Inc. on account, $3,350. Sept. 23. Issued Check No. 347 to Best Friend Supplies Inc. in payment of account from purchase made on September 4. Sept. 27. Purchased pet supplies from Meow Mart Inc. on account, $525. Sept. 30. Issued Check No. 348 to Sanders Inc. for cleaning expenses, $75. Happy Tails Inc. uses the following accounts: Cash Pet Supplies Office Equipment Accounts Payable Cleaning Expense a. Prepare a purchases journal and a cash payments journal to record these transactions in chronological order. If an amount box does not require an entry, leave it blank. If no entry is required in "Other Accounts Dr." then select "No entry required". PAGE 16 PURCHASES JOURNAL Accounts Payable Cr. DATE Account Credited Post. Ref. Pet Supplies Dr. Other Accounts Dr. Post. Ref. Amount 2014 CASH PAYMENTS JOURNAL Account Debited Post. Ref. Other Accounts Dr. Accounts Payable Dr. PAGE 22 Cash Cr. DATE Ck. No. 2014 b. Prepare a listing of accounts payable creditor balances on September 30, 20Y4. Verify that the total of the accounts payable creditor balances equals the balance of the accounts payable controlling account on September 30, 20Y4. Happy Tails Inc. Accounts Payable Creditor Balances September 30, 2014 Meow Mart Inc. Poodle Pals Inc. Office Helper Inc. Total creditor (supplier) accounts ? c. Happy Tails Inc. uses a subsidiary ledger for accounts payable for all of the following reasons EXCEPT