Question

Accounts Payable Subsidiary Ledger The cash payments and purchases journal for Outdoor Artisan Landscaping follow. The accounts payable control account has a June 1, 2011, balance of $4,610, consisting of an amount owed to Augusta Sod Co. CASH PAYMENTS JOURNAL Page 31 Accounts Payable Date Ck. No. Account Debited Post Ref. Other Accounts Dr. Cash Cr. Dr. 2011 4,610 June 4 5 203 204 4,610 600 600 Augusta Sod Co. Utilities Expense Home Centers Lumber Co. Nu Lawn Fertilizer 15 7,560 7,560 205 206 1,340 1.340 14,110 13,510 (21) (11) Page 22 PURCHASES JOURNAL Accounts Landscaping Post Ref. Payable Cr. Supplies Dr. Other Accounts Dr. Post Ref. Amount Date Account Credited 7,560 Equipment 18 2041 June 3 Home Centers Lumber Co. 7 Concrete Equipment Co. 14 Nu Lawn Fertilizer 3,500 7,560 3,500 1,340 Equipment 1,340 Previous Check My Work 2 more Check My Work uses remaining r ent for Grading

Answer 1

Solution:

Outdoor Artisan Landscaping
Accounts Payable Creditor balances
June 30, 20Y1
Augusta Sod Co.	9270
Concrete Equipment Co.	3500
Home centers lumber co.	4700
Nu Lawn Fertilizer	0
Total accounts Payable	17470
Accounts payable
(Controlling)
Balance, June 1, 20Y1	4610
Total Credits	26370
Total debits	13510
Balance, June 30, 20Y1	17470