Building Blocks Pty Ltd uses both special journals and a general journal to record transactions. Building blocks also posts creditors’ accounts in the accounts payable subsidiary ledger. The postings for the most recent month are included in the subsidiary T accounts below. 

Required

(a) Determine the correct amount of the end-of-month posting from the purchases journal to the Accounts Payable Control account.

(b) Assume that Building Blocks has one creditor only and does not expect there to be any other creditors in the future. Would there be any advantage to Building Blocks setting up an accounts payable subsidiary ledger?

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Cement for U Ltd 300 Bal. Building Materials Ltd 174 Bal. 408 240 0 174 Brick-a-Brack Pty Ltd 180 Bal. Ladders Pty Ltd 144 Bal. 180 348 144 228 204