Chapter 9, Problem 10E

Kelley Company has completed the following October sales and purchases journals:

1. a. Total and post the journals to T accounts for the general ledger and the accounts receivable and accounts payable ledgers.
2. b. Complete a schedule of accounts receivable for October 31, 20--.
3. c. Complete a schedule of accounts payable for October 31, 20--.
4. d. Compare the balances of the schedules with their respective general ledger accounts. If they are not the same, find and correct the error(s).