The purchases journal for Newmark Exterior Cleaners Inc. follows. The accounts payable account has a March 1, 20Y2, balance of $580 for an amount owed to Nicely Co. No payments were made on creditor invoices during March.

a. Prepare a T account for the accounts payable creditor accounts.
b. Post the transactions from the purchases journal to the creditor accounts and determine their ending balances.
c. Prepare T accounts for the accounts payable control and cleaning supplies accounts. Post control totals to the two accounts, and determine their ending balances. Cleaning Supplies had a zero balance at the beginning of the month.
d. Prepare a schedule of the creditor account balances to verify the equality of the sum of the accounts payable creditor balances and the accounts payable controlling account balance.
e. How might a computerized accounting system differ from the use of a purchases journal in recording purchase transactions?

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PURCHASES JOURNAL Page 16 Cleaning Supplies Dr Accts. Other Accounts Post. Payable Ref. Post. Ref. Amount Da 20Y2 Mar. 4 Enviro-Wash Supplies Inc. te Account Credited Cr 690 325 3,860 385 5,260 690 15 Nicely Co. 20 Office Mate Inc. 26 Enviro-Wash Supplies Inc. 31 325 Office Equipment 3,860 385 1,400 3,860