Exercise 8.9 (Static) Preparing a schedule of accounts payable. LO 8-5 Assume the following account balances at January 1, 20X1, for GeekAuto Supplies, Inc.: Accounts Payable (control account) Accounts Payable-Evans Enterprises Accounts Payable-Sutherland Distributors Accounts Payable-Torres Company $7,600 1,600 4,100 1,900 GENERAL JOURNAL POST. REF. DEBIT CREDIT DATE 400 DESCRIPTION 20X1 Jan. 8 Accounts Payable/Sutherland Distributors Cash Made partial payment on account, Check 1240 400 200 200 10 Accounts Payable/Evans Enterprises Purchases Returns and Allowances Received Credit Memorandum 123 as allowance for discolored merchandise Required: 1. Use the final balances of the vendor accounts to prepare a schedule of accounts payable for Geek Auto Supplies, Inc., as of January 31, 20X1. 2. Does the total of your accounts payable schedule agree with the balance of the Accounts Payable account in the general ledger at January 31, 20X1? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the final balances of the vendor accounts to prepare a schedule of accounts payable for GeekAuto Supplies, Inc., as of January 31, 20X1. GEEKAUTO SUPPLIES, INC. Schedule of Accounts Payable January 31, 20X1 Total (Required 1 Required 2 > Exercise 8.9 (Static) Preparing a schedule of accounts payable. LO 8-5 Assume the following account balances at January 1, 20X1, for GeekAuto Supplies, Inc.: Accounts Payable (control account) Accounts Payable-Evans Enterprises Accounts Payable-Sutherland Distributors Accounts Payable-Torres Company $7,600 1,600 4,100 1,900 GENERAL JOURNAL POST. REF. DEBIT CREDIT 400 DATE DESCRIPTION 20X1 Jan. 8 Accounts Payable/Sutherland Distributors Cash Made partial payment on account, Check 1240 400 200 200 10 Accounts Payable/Evans Enterprises Purchases Returns and Allowances Received Credit Memorandum 123 as allowance for discolored merchandise Required: 1. Use the final balances of the vendor accounts to prepare a schedule of accounts payable for Geek Auto Supplies, Inc., as of January 31, 20X1. 2. Does the total of your accounts payable schedule agree with the balance of the Accounts Payable account in the general ledger at January 31, 20X1? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Does the total of your accounts payable schedule agree with the balance of the Accounts Payable account in the general ledger at January 31, 20X1? Total of accounts payable schedule agrees with balance of the accounts payable account in the general ledger