Appendix I
Review Exercise Solutions
422
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.
Accounts Payable Subsidiary Ledger
Stapl-EZ Inc.
Date
PR
DR
CR
Balance
Opening Bal.
500 CR
Jun 5
PJ1
100
600 CR
Jun 12
CP1
100
500 CR
Accounts Payable Subsidiary Ledger
Building Services Inc.
Date
PR
DR
CR
Balance
Opening Bal.
750 CR
Jun 9
PJ1
350
1,100 CR
Jun 22
CP1
350
750 CR
Accounts Payable Subsidiary Ledger
Brick & Mortar Inc.
Date
PR
DR
CR
Balance
Opening Bal.
2,500 CR
Jun 26
PJ1
3,500
6,000 CR
Post to general ledger.
General Ledger
Accounts Payable
Date
PR
DR
CR
Balance
Opening Bal.
3,750 CR
Jun 30
PJ1
3,950
7,700 CR
Jun 30
CP1
450
7,250 CR
Lin-Z
June 30, 2016
General Ledger
Accounts Receivable
$7,250
Lin-Z
Schedule of Accounts Payable
June 30, 2016
Stapl-EZ Inc.
$500
Building Services Inc.
750
Brick & Mortar Inc.
6,000
Total Accounts Payable
$7,250
