Question

The Old English Garden Shop is a retail store that sells garden equipment, furniture, and supplies. Its credit purchases and purchases returns and allowances for July are listed below. The general ledger accounts used to record these transactions are also provided The balance shown is for the beginning of July 2019. PARTI GENERAL LEDGER ACCOUNTS 205 Accounts Payable, $35, 850 Cr. 501 Purchases 502 Freight In 503 Purchases Returns and Allowances DATE TRANSACTIONS July 1 Purchased lawn mowers for $9,180 plus a freight charge of $246 from Charleston Corporation, Invoice 1011, dated June 26, net due and payable in 60 days. 5 Purchased outdoor chairs and tables for $4,340 plus a freight charge of 6549 from Cedarbrook Garden Center, Invoice 639, dated July 2, net due and payable in 45 days. 9 Purchased grass seed for $1,330 from Lawn and Gardens Supply, Invoice 0164, dated July 5, the terms are 30 days net. 16 Received Credit Memorandum 110 for $570 from Cedarbrook Garden Centers the amount 13 an allowance for scratches on some of the chairs and tables originally purchased on Invoice 639, dated July 2. 19 Purchased fertilizer for $1,170 plus a freight charge of $253 from Lawn and Gardens Supply, Invoice 9050, dated July 15; the terms are 30 days net. 21 Purchased hoses from Dunn Rubber Company for $3,650 plus a freight charge of 5221, Invoice 1785, dated July 17; Certs are 1/15, 1/60. 20 Received Credit Memorandum 223 for $400 from Dunn Rubber Company for damaged hoses that were returned the goods were purchased on Invoice

Part two

required:

1. set up in Accounts Payable subsidiary ledger for the old English garden shop open an account for each of the creditors listed below and enter the balances as of July 1.

2. post the individual entries from the purchases journal and the general journal prepared and part 1.

3. prepare a schedule of accounts payable for July 31, 2019.

4. check the total of the schedule of accounts payable against the balance of the accounts payable account in the general ledger to a balance should be equal.

analyze:

what total freight charges were posted to the general ledger for the month of July?

Answer 1

Note:I have attempted part 2 ; as you have asked for that specifically considering you have typed that part of the question below the image, kindly comment for any revision/changes

Ques 1-3.

Brooks garden furniture company
date	debit	credit	balance
Jul-01			11090
Jul-05		4889	15979
Jul-16	570		15409
Brown corporation
date	debit	credit	balance
Jul-01			18090
Jul-01		9426	27516
Cameron rubber company
date	debit	credit	balance
Jul-21		3871	3871
Jul-28	400		3471

Lawn and gardens supply
date	debit	credit	balance
Jul-01			6670
Jul-09		1330	8000
Jul-19		1423	9423
Wilson industrial products
date	debit	credit	balance
Jul-31		10555	10555

The english garden shop
Schedule of accounts payable
Brooks garden furniture company	15409
Brown corporation	27516
Cameron rubber company	3471
Lawn and gardens supply	9423
Wilson industrial products	10555
total	66374

Ques 4

Freight Charges	1544
246+549+253+221+275