The cash payments and purchases journals for Silver Spring Landscaping Co. are shown below. The accounts payable control account has a June 1, 2008 balance of $2,940, consisting of an amount owed to Augusta Sod Co.
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CASH PAYMENTS JOURNAL |
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|
|
|
|
|
Other |
Accounts |
|
|
|
|
Ck. |
|
Post. |
Accounts |
Payable |
Cash |
|
|
Date |
No. |
Account Debited |
Ref. |
Dr. |
Dr. |
Cr. |
|
|
2008 |
|
|
|
|
|
|
|
|
June |
4 |
203 |
Augusta Sod Co. |
√ |
|
2,940 |
2,940 |
|
|
5 |
204 |
Utilities Expense |
54 |
325 |
|
325 |
|
|
15 |
205 |
Kimble Lumber Co. |
√ |
|
5,920 |
5,920 |
|
|
27 |
206 |
Schott’s Fertilizer |
√ |
|
970 |
970 |
|
|
30 |
|
|
|
325 |
9,830 |
10,155 |
|
|
|
|
|
|
(√) |
(21) |
(11) |
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PURCHASES JOURNAL |
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|
|
|
Accounts |
Landscaping |
Other |
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|
|
|
|
|
Post. |
Payable |
Supplies |
Accounts |
Post. |
|
|
|
Date |
Account Credited |
Ref. |
Cr. |
Dr. |
Dr. |
Ref. |
Amount |
|
|
2008 |
|
|
|
|
|
|
|
|
|
June |
3 |
Kimble Lumber Co. |
|
5,920 |
5,920 |
|
|
|
|
|
7 |
Gibraltar Insurance Co. |
|
1,100 |
|
Prepaid Insurance |
17 |
1,100 |
|
|
14 |
Schott’s Fertilizer |
|
970 |
970 |
|
|
|
|
|
24 |
Augusta Sod Co. |
|
6,310 |
6,310 |
|
|
|
|
|
29 |
Kimble Lumber Co. |
|
3,650 |
3,650 |
|
|
|
|
|
30 |
|
|
17,950 |
16,850 |
|
|
1,100 |
|
|
|
|
|
(21) |
(14) |
|
|
(??) |
Prepare the supplier balance summary report, and determine that the total agrees with the ending balance of the accounts payable control account.