Following is information from Jesper Company for its first month of business. Credit Purchases Cash Paid Jan. 9 Bailey Company $ 17,200 Jan.19 Bailey Company $ 11,700 18 Johnson Brothers 8,200 27 Johnson Brothers 8,200 22 Preston Company 9,400 31 Preston Company 7,000 Required:
a. Post the above transactions in the accounts payable subsidiary ledger.
b. Post the accounts payable balance in the general ledger at month's end.