Please only do part B Reineke Companys chart of accounts inc

Reineke Company\'s chart of accounts includes the following selected accounts 101 Cash 120 Inventory 201 Accounts Payable 306 Owners Drawings 130 Prepaid Insurance 505 Cost of Goods Sold 157 Equipment On October 1, the accounts payable ledger of Reineke Company showed the following balances: Uggla Company $4,000, Orr Co. $3,800, Rosenthal Co. $1,800, and Clevenger Company $5,000. The October transactions involving the payment of cash were as follows. Oct. 1 Purchased merchandise, check no. 63, $400. 3 Purchased equipment, check no. 64, s840. 5 Paid Uggla Company balance due of $4,000, less 2% discount, check no, 65, $3,920. 10 Purchased merchandise, check no. 66, $2,650 15 Paid Rosenthal Co. balance due of $1,800, check no. 67, 16 C. Reineke, the owner, pays his personal insurance premium of $450, check no. 68. 19 Paid Orr Co. in full for invoice no. 610, $2,000 less 2% cash discount, check no, 69, $1,960. 29 Paid Clevenger Company in full for invoice no. 264, $2,200, check no. 70. Your answer is correct. Journalize the transactions above in a four-column cash payments journal with columns for Other Accounts Dr, Accounts Payable Dr., Inventory Cr, and Cash Cr. Foot and cross-foot the journal. (Record entries in the order displayed in the problem statement. Round answers to o decimal places, e.g. 5,275.) Cash Payments Journal CP1 Date Ck. No. Account Debited Rer. Other Accounts Dr. Accounts Payable Dr. Inventory Cr. Cash Cr 1 63 nvento 120 140 EI 64 Equipmen Oct, 365 gla \'O la Compan 180 92

Solution

Solution B:

General Ledger - Accounts payable
Date	Explanation	Debit	Credit	Balance
1-Oct	Balance			$14,600.00
5-Oct	Payments and discount	$4,000.00		$10,600.00
15-Oct	Payments	$1,800.00		$8,800.00
19-Oct	Payments and discount	$2,000.00		$6,800.00
29-Oct	Payments	$2,200.00		$4,600.00