EX 5-16 Accounts payable subsidiary ledger
The cash payments and purchases journals for Out of Eden Landscaping Co. are shown below. The accounts payable control account has a June 1, 2012, balance of $2,450, consisting of an amount owed to Augusta Sod Co.
| CASH PAYMENTS JOURNAL | |||||||
| Other | Accounts | ||||||
| Ck. | Post. | Accounts | Payable | Cash | |||
| Date | No. | Account Debited | Ref. | Dr. | Dr. | Cr. | |
| 2012 | |||||||
| Jun. 4 | 203 | Augusta Sod Co | v | 2,450 | 4,000 | ||
| 5 | 204 | Utilities Expense | 54 | 410 | |||
| 15 | 205 | Kopp Lumber Co. | v | 5,135 | |||
| 24 | 206 | Schott’s Fertilizer | v | 820 | |||
| 30 | 410 | 8,405 | |||||
| (v) | (21) | ||||||
| PURCHASES JOURNAL | |||||||
| Accounts | Landscaping | Other | |||||
| Post. | Payable | Supplies | Accounts | Post. | |||
| Date | Account Credited | Ref. | Cr. | Dr. | Dr | Ref. | Amount |
| 2012 | |||||||
| June 3 | Kopp Lumber Co. | v | 5,135 | 5,135 | |||
| 7 | Concrete Equipment Co, | v | 2,650 | Equipment | 18 | 2,650 | |
| 14 | Schott’s Fertilizer | v | 820 | 820 | |||
| 24 | Augusta Sod Co. | v | 6,010 | 6,010 | |||
| 29 | Kopp Lumber Co. | v | 7,200 | 7,200 | |||
| 30 | 21,815 | 19,165 | 2,650 | ||||
| (21) | (14) | () | |||||
Prepare a schedule of the accounts payable subsidiary ledger balances, and determine that the total agrees with the ending balance of the accounts payable account.
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