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step TOr A PRF-3 Purchases, accounts payable subsidlary account, and accounts payable ledger Sterling Forest Landscaping designs and installs landscaping, The landscape designers and office

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step TOr A PRF-3 Purchases, accounts payable subsidlary 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 complet ing October are as follows: ed by Sterling Forest Landscaping dur Oct. 2. Purchased office supplies on account from Meade Co., $400 5. Purchased office equipment on account from Peach Computers Co., $3,980. 9. Purchased office supplies on account from Executive Office Supply Co., $320. 13. Purchased field supplies on account from Yamura Co., $1,420. 14. Purchased field supplies on account from Omni Co., $2,940. 17. Purchased field supplies on account from Yamura Co., $1,890. 07/11/14 -F indd 18 Oct. 24. Purchased field supplies on account from Omni Co., $3,880. 29. Purchased office supplies on account from Executive Office Supply Co., $310. 31. Purchased field supplies on account from Omni Co., $1,800. Instructions 1. Insert the following balances in the general ledger as of October 1: 14 Field Supplies 15 Office Supplies 18 Office Equipment12,300 21 Accounts Payable $ 5,920 750 1,170 2. Insert the following balances in the accounts payable subsidiary ledger as of October 1: Executive Office Supply Co. Meade Co. Omni Co. Peach Computers Co. Yamura Co. $390 using a purchases journal (p. 30) similar to the 3. Journalize the transactions for October, one illustrated in this chapter. Prepare the purchases journal with columns for Accounts Payable, Field Supplies, Office Supplies, and Other Accounts. Post to the creditor ac- counts in the accounts payable subsidiary ledger immediately after each entry 4. Post the purchases journal to the accounts in the general ledger. 5. a. What is the sum of the creditor balances in the subsidiary ledger at October 31? b. What is the balance of the accounts payable controlling account at October 31? 6. What type of e-commerce application would be used to plan and coordinate transactions with suppliers? t17 19 4:31 PM

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