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Assume the following account balances at January 1, 2019, for Bioplast Jewelry, Inc.:
Accounts Payable (control account) $ 6,600
Accounts PayableEvans Enterprises 1,600
Accounts PayableStamos Distributors 3,100
Accounts PayableTonetta Company 1,900
GENERAL JOURNAL
DATE DESCRIPTION POST.
REF. DEBIT CREDIT
2019
Jan. 8 Accounts Payable/Stamos Distributors 300
Cash 300
Made partial payment
on account, Check 1240
10 Accounts Payable/Evans Enterprises 200
Purchases Returns and Allowances 200
Received Credit Memorandum
123 as allowance for
discolored merchandise
Use the final balances of the vendor accounts to prepare a schedule of accounts payable for Bioplast Jewelry, Inc., as of January 31, 2019.
Does the total of your accounts payable schedule agree with the balance of the accounts payable account in the general ledger at January 31, 2019?
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