The cash payments and purchases journals for Silver Spring Landscaping Co. are shown below. The accounts payable
Question:
Prepare the supplier balance summary report, and determine that the total agrees with the ending balance of the accounts payable controlaccount.
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CASH PAYMENTS JOURNAL Page 31 Other Accounts Post. Accounts Payable Cash Date No. Account Debited Ref Dr 2008 June 4 203 Augusta Sod Co. 5 204 Utilities Expense 2,940 2,940 325 5,920 5,920 970 9,830 10,155 15 205 Kimble Lumber Co. 27 206 Schott's Fertilizer 325 PURCHASES JOURNAL Page 22 Accounts Landscaping Post. Payable Supplies Accounts Post. Date Account Credited Ref. Amount 2008 June 3 Kimble Lumber Co. 5,920 1,100 5,920 7 Gibraltar Insurance Co. 14 Schott's Fertilizer 24 Augusta Sod Co. 29 Kimble Lumber Co. 30 Prepaid Insurance 17 1,100 970 970 6,310 6,310 3,650 17,950 (21) 1,100 (14)
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Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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