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Following is information from Ryan Company for its initial month of business. (1) Identify the balances listed in the accounts payable subsidiary ledger. (2) Identify the accounts payable balance...

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Following is information from Ryan Company for its initial month of business.

(1) Identify the balances listed in the accounts payable subsidiary ledger.

(2) Identify the accounts payable balance listed in the general ledger at month’s end.

 

Credit Purchases

 

 

Cash Paid

 

Jan. 9

Boeder Company

$7,000

Jan. 19

Boeder Company

$5,100

18

Johnson Brothers

6,600

27

Johnson Brothers 

6,600

22

Padley Company

4,200

31

Padley Company

3,400

Answered Same Day Dec 24, 2021

Solution

David answered on Dec 24 2021
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