Carla Vista Company uses both special journals and a general journal as described in this chapter....
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Carla Vista Company uses both special journals and a general journal as described in this chapter. On June 30, after all monthly postings had been completed, the Accounts Receivable control account in the general ledger had a debit balance of $308,300; the Accounts Payable control account had a credit balance of $85,000. The July transactions recorded in the special journals are summarized below. No entries affecting accounts receivable and accounts payable were recorded in the general journal for July. Sales journal Total sales $155,800 Purchases journal Total purchases $51,000 Cash receipts journal Accounts receivable column total $132,400 Cash payments journal Accounts payable column total $40,900 What is the balance of the Accounts Receivable control account after the monthly postings on July 31? The balance of the Accounts Receivable control account LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE What is the balance of the Accounts Payable control account after the monthly postings on July 31? The balance of the Accounts Payable control account LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE To what account(s) is the column total of $155,800 in the sales journal posted? Credit sales revenue and debit accounts receivable in the general ledger v LINK TO TEXT LINK TO TEXT To what account(s) is the accounts receivable column total of $132,400 in the cash receipts journal posted? Credit accounts receivable in the general ledger Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXТ Question Attempts: Unlimited SAVE FOR LATER SUBMIT ANSWER Activate Windows Go to Settings to activate Windows, 5:35 PM e to search Hi 4/28/2021 近 Carla Vista Company uses both special journals and a general journal as described in this chapter. On June 30, after all monthly postings had been completed, the Accounts Receivable control account in the general ledger had a debit balance of $308,300; the Accounts Payable control account had a credit balance of $85,000. The July transactions recorded in the special journals are summarized below. No entries affecting accounts receivable and accounts payable were recorded in the general journal for July. Sales journal Total sales $155,800 Purchases journal Total purchases $51,000 Cash receipts journal Accounts receivable column total $132,400 Cash payments journal Accounts payable column total $40,900 What is the balance of the Accounts Receivable control account after the monthly postings on July 31? The balance of the Accounts Receivable control account LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE What is the balance of the Accounts Payable control account after the monthly postings on July 31? The balance of the Accounts Payable control account LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE To what account(s) is the column total of $155,800 in the sales journal posted? Credit sales revenue and debit accounts receivable in the general ledger v LINK TO TEXT LINK TO TEXT To what account(s) is the accounts receivable column total of $132,400 in the cash receipts journal posted? Credit accounts receivable in the general ledger Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXТ Question Attempts: Unlimited SAVE FOR LATER SUBMIT ANSWER Activate Windows Go to Settings to activate Windows, 5:35 PM e to search Hi 4/28/2021 近
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Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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