Sheridan 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 Sheridan Company showed the following balances: Uggla Company $2,800, Orr Co. $2,480, Rosenthal Co. $1,800, and Clevenger Company $3,730. The October transactions involving the payment of cash were as follows Oct 1 3 5 10 15 16 19 29 Purchased merchandise, check no. 63, 8270 Purchased equipment check no. 64. $800. Paid Uggla Company balance due of $2,800, less 2% discount check no. 65, 2,744.00 Purchased merchandise, check no. 66, $2,230. Pald Rosenthal Co. balance due of $1,800, check no. 67. C Sheridan, the owner, pays his personal Insurance premium of $450, check no. 68. Paid Orr Co. in full for invoice no. 610, $2,300 less 2% cash discount, check no. 69, $2.254.00 Paid Clevenger Company in full for Invoice no. 264, $2.500, check no. 70 General Ledger Accounts Payable Date Explanation Ref. Debit Credit Balance Balance CP1 Accounts Payable Subsidiary Ledger Debit Credit Uggla Company Date Explanation Ref. Balance V Balance CP1 On Co. Date Debit Credit Balance Explanation Ref. Balance CP1 Rosenthal Co. Date Credit Debit Balance Explanation Ref. Balance CP1 Debit Credit Balance Clevenger Company Date Explanation Ref. Balance CP1 Tothonk and Media