Able Fastners Co. has a balance in its Accounts Receivable general ledger control count of $...
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Able Fastners Co. has a balance in its Accounts Receivable general ledger control count of $ 10,000 on January 1, 2019. The subsidiary ledger contains three vendor Accounts: Jones Company, balance of $ 3.000; Keller Company, balance ofS 1,000, Conarson Company. The combined subsidiary Jedger account balances of Jones Company, Keller Company, and Larson Company at January 1, 2019 agree to the 201ounts receivable general ledger control account balance at such date. During January 2019, the following accounts receivable related transactions occurred. Payments Rec'd From Returns Sales to DeP ibn Jones Company $ 7,000 $ 6,000 None Keller Company 5,000 2,000 None Larson Company 5,000 $ 17,000 7.000 $ 15,000 boge af 2.000 $ 2,000 What is the balance in the Acounts receivable subsidiary ledger account, LARSON, at January 31, 2019? a) $ 3,000 alilloon g00,04 b) $ 2,000 c) $ 1,000 Jodim ldari te se muot eros d) $ 17,000 Able Fastners Co. has a balance in its Accounts Receivable general ledger control count of $ 10,000 on January 1, 2019. The subsidiary ledger contains three vendor Accounts: Jones Company, balance of $ 3.000; Keller Company, balance ofS 1,000, Conarson Company. The combined subsidiary Jedger account balances of Jones Company, Keller Company, and Larson Company at January 1, 2019 agree to the 201ounts receivable general ledger control account balance at such date. During January 2019, the following accounts receivable related transactions occurred. Payments Rec'd From Returns Sales to DeP ibn Jones Company $ 7,000 $ 6,000 None Keller Company 5,000 2,000 None Larson Company 5,000 $ 17,000 7.000 $ 15,000 boge af 2.000 $ 2,000 What is the balance in the Acounts receivable subsidiary ledger account, LARSON, at January 31, 2019? a) $ 3,000 alilloon g00,04 b) $ 2,000 c) $ 1,000 Jodim ldari te se muot eros d) $ 17,000
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Account Receiveble Ledger Balance Account as of 1st Jan 2019 Jones Co... View the full answer
Related Book For
Accounting Principles
ISBN: 978-1118342190
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
Posted Date:
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