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Accounting Information Systems
c) Post from the special journals to the accounts payable subledger and then to the general ledger
control account at the end of the month. Assume the following opening subledger balances.
• Stapl-EZ: $500 (CR)
• Building Services Inc: $750 (CR)
• Brick & Mortar Inc: $2,500 (CR)
Note that Lin-Z’s accounts payable records consist of only these three subledgers. Assume
no entries were made directly to accounts payable through the general journal. Reconcile the
subledger to the control account at the end of the month.
See Appendix I for solutions.
a) Record transactions in the Cash Receipts, Sales, Purchases, and Cash Payments journals.
Cash Receipts Journal
Page 1
Date
Account
PR
Cash
(DR)
Sales
(CR)
Accounts
Receivable
(CR)
Interest
Revenue
(CR)
Loans
Payable
(CR)
Other (CR)
TOTAL
Sales Journal
Page 1
Date
Account
Invoice #
PR
Accounts Receivable/Sales
(DR/CR)
TOTAL
Purchases Journal
Page 1
Date
Account
Invoice #
PR
Repairs
Expense
(DR)
Office
Supplies
(DR)
Purchases
(DR)
Accounts
Payable
(CR)
TOTAL
Chapter 9 Appendix
