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Reineke Companys chart of accounts includes the following selected accounts. 101 Cash 201 Accounts Payable 120 Inventory 306 Owners Drawings 130 Prepaid Insurance 505 Cost

Reineke Companys chart of accounts includes the following selected accounts.
101 Cash 201 Accounts Payable
120 Inventory 306 Owners 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 $4,000, Orr Co. $3,800, Rosenthal Co. $2,200, and Clevenger Company $5,000. The October transactions involving the payment of cash were as follows.
Oct. 1 Purchased merchandise, check no. 63, $400.
3 Purchased equipment, check no. 64, $820.
5 Paid Uggla Company balance due of $4,000, less 2% discount, check no. 65, $3,920.
10 Purchased merchandise, check no. 66, $2,350.
15 Paid Rosenthal Co. balance due of $2,200, check no. 67.
16 C. Reineke, the owner, pays his personal insurance premium of $500, check no. 68.
19 Paid Orr Co. in full for invoice no. 610, $2,100 less 2% cash discount, check no. 69, $2,058.
29 Paid Clevenger Company in full for invoice no. 264, $2,700, check no. 70.
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. 1Oct. 3Oct. 5Oct. 10Oct. 15Oct. 16Oct. 19Oct. 29 63 InventoryEquipmentUggla CompanyRosenthal Co.Owners DrawingOrr Co.Clevenger Company 120
Oct. 1Oct. 3Oct. 5Oct. 10Oct. 15Oct. 16Oct. 19Oct. 29 64 InventoryEquipmentUggla CompanyRosenthal Co.Owners DrawingOrr Co.Clevenger Company 157
Oct. 1Oct. 3Oct. 5Oct. 10Oct. 15Oct. 16Oct. 19Oct. 29 65 InventoryEquipmentUggla CompanyRosenthal Co.Owners DrawingOrr Co.Clevenger Company
Oct. 1Oct. 3Oct. 5Oct. 10Oct. 15Oct. 16Oct. 19Oct. 29 66 InventoryEquipmentUggla CompanyRosenthal Co.Owners DrawingOrr Co.Clevenger Company 120
Oct. 1Oct. 3Oct. 5Oct. 10Oct. 15Oct. 16Oct. 19Oct. 29 67 InventoryEquipmentUggla CompanyRosenthal Co.Owners DrawingOrr Co.Clevenger Company
Oct. 1Oct. 3Oct. 5Oct. 10Oct. 15Oct. 16Oct. 19Oct. 29 68 InventoryEquipmentUggla CompanyRosenthal Co.Owners DrawingOrr Co.Clevenger Company 306
Oct. 1Oct. 3Oct. 5Oct. 10Oct. 15Oct. 16Oct. 19Oct. 29 69 InventoryEquipmentUggla CompanyRosenthal Co.Owners DrawingOrr Co.Clevenger Company
Oct. 1Oct. 3Oct. 5Oct. 10Oct. 15Oct. 16Oct. 19Oct. 29 70 InventoryEquipmentUggla CompanyRosenthal Co.Owners DrawingOrr Co.Clevenger Company
(X) (201) (120) (101)
LINK TO TEXT LINK TO TEXT
Prove the agreement of the control account and the subsidiary account balances.(Do not list those accounts that have zero ending balance.)
Accounts payable balance: $
Subsidiary account balances:
Clevenger CompanyOrr Co.Rosenthal Co.Uggla Company $
Clevenger CompanyUggla CompanyOrr Co.Rosenthal Co.

$

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