Kieschnick Company has a balance in its Accounts Receivable control

Kieschnick Company has a balance in its Accounts Receivable control account of $10,000 on January 1, 2014. The subsidiary ledger contains three accounts: Bixler Company, balance $4,000; Cuddyer Company, balance $2,500; and Freeze Company. During January, the following receivable-related transactions occurred.

Kieschnick Company has a balance in its Accounts Receivable control

Instructions
(a) What is the January 1 balance in the Freeze Company subsidiary account?
(b) What is the January 31 balance in the control account?
(c) Compute the balances in the subsidiary accounts at the end of the month.
(d) Which January transaction would not be recorded in a specialjournal?

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...