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Sheridan Company's chart of accounts includes the following selected accounts. On October 1, the accounts...

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Accounting

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Sheridan Company's chart of accounts includes the following selected accounts. On October 1, the accounts payable ledger of Sheridan Company showed the following balances: Uggha Compary $2.500.0 Orr Co. $2,510, Rosenthal Co. $1,770, and Clevenger Company $3,750. The October transactions involving the payment of cash were as follows. Oct. Purchased merchandise, check no. 63, $310. 1 3 Purchased equipment, check no, 64,$840. 5 Paid Uggla Company balance due of $2,500, less 2% discount, check no. 65,$2,450.00. 10 Purchased merchandise, check no. 66,$2,270. 15 Paid Rosenthal Co. balance due of $1.770, check no.67. 16 C. Sheridan, the owner, pays his personal insurance premium of $450, check no. 68. 19 Paid Orr Co. in full for invoice no, 610, $2,200 less 2% cash discount, check no, 69, $2,156.00. 29 Paid Clevenger Company in full for invoice no. 264,$2,580, check no. 70 . 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 0 decimal places, es. 5,275.)

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