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The cash payments and purchases journal for Outdoor Artisan Landscaping follow. The accounts payable control account has a June 1, 20Y1, balance of $5,460, consisting
The cash payments and purchases journal for Outdoor Artisan Landscaping follow. The accounts payable control account has a June 1, 20Y1, balance of $5,460, consisting of an amount owed to Augusta Sod Co.
CASH PAYMENTS JOURNAL | Page 31 | ||||||||
Date | Ck. No. | Account Debited | Post Ref. | Other Accounts Dr. | Accounts Payable Dr. | Cash Cr. | |||
20Y1 | |||||||||
June 4 | 203 | Augusta Sod Co. | 5,460 | 5,460 | |||||
5 | 204 | Utilities Expense | 54 | 710 | 710 | ||||
15 | 205 | Home Centers Lumber Co. | 8,950 | 8,950 | |||||
24 | 206 | Nu Lawn Fertilizer | 1,580 | 1,580 | |||||
30 | 710 | 15,990 | 16,700 | ||||||
() | (21) | (11) |
PURCHASES JOURNAL | Page 22 | |||||||||
Date | Account Credited | Post Ref. | Accounts Payable Cr. | Landscaping Supplies Dr. | Other Accounts Dr. | Post Ref. | Amount | |||
20Y1 | ||||||||||
June 3 | Home Centers Lumber Co. | 8,950 | 8,950 | |||||||
7 | Concrete Equipment Co. | 4,150 | Equipment | 18 | 4,150 | |||||
14 | Nu Lawn Fertilizer | 1,580 | 1,580 | |||||||
24 | Augusta Sod Co. | 10,970 | 10,970 | |||||||
29 | Home Centers Lumber Co. | 5,570 | 5,570 | |||||||
30 | 31,220 | 27,070 | 4,150 | |||||||
(21) | (14) | () |
Prepare a schedule of the accounts payable creditor balances. If an amount is zero, enter "0".
Outdoor Artisan Landscaping | |
Accounts Payable Creditor Balances | |
June 30, 20Y1 | |
Augusta Sod Co. | $ |
Concrete Equipment Co. | |
Home Centers Lumber Co. | |
Nu Lawn Fertilizer | |
Total accounts payable | $ |
After you prepare the schedule of accounts payable creditor balances, determine that the total agrees with the ending balance of the Accounts Payable controlling account.
Outdoor Artisan Landscaping | |
Accounts Payable | |
(Controlling) | |
Balance, June 1, 20Y1 | $ |
Total credits (from purchases journal) | |
Total debits (from cash payments journal) | |
Balance, June 30, 20Y1 | $ |
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