please answer with correct and detailed calculations and explanations. make sure supporting statements are also provided for each step and calculation.

Question 1 of 17 > - /1 ... View Policies Current Attempt in Progress Selected account balances for Wildhorse Company at January 1, 2027, are presented below. Accounts Payable $13,500 Accounts Receivable 22,600 Cash 18,000 Inventory 13,400 Wildhorse's sales journal for January shows a total of $111,000 in the selling-price column, and its one-column purchases journal for January shows a total of $77,500. The column totals in Wildhorse's cash receipts journal are Cash Dr. $61,600, Sales Discounts Dr. $2,600, Accounts Receivable Cr. $44,000, Sales Revenue Cr. $6,800, and Other Accounts Cr. $13,400. The column totals in Wildhorse's cash payments journal for January are Cash Cr. $54,700, Inventory Cr. $1,600, Accounts Payable Dr. $46,100, and Other Accounts Dr. $10,200. Hulse's total cost of goods sold for January is $62,200. Accounts Payable, Accounts Receivable, Cash, Inventory, and Sales Revenue are not involved in the Other Accounts column in either the cash receipts or cash payments journal, and are not involved in any general journal entries. Compute the January 31 balance for Wildhorse in the following accounts. a. Accounts Payable $ Accounts Receivable $Question 1 of 17 - /1 E . . . The COTUITIn Totals In VVIlunurse's cash receipts Journal are Call DI. po 1,OUU, Sales DISCOUNTS DI. PZ,OUU, ACCOUNTS Receivable CI. $44,000, Sales Revenue Cr. $6,800, and Other Accounts Cr. $13,400. The column totals in Wildhorse's cash payments journal for January are Cash Cr. $54,700, Inventory Cr. $1,600, Accounts Payable Dr. $46,100, and Other Accounts Dr. $10,200. Hulse's total cost of goods sold for January is $62,200. Accounts Payable, Accounts Receivable, Cash, Inventory, and Sales Revenue are not involved in the Other Accounts column in either the cash receipts or cash payments journal, and are not involved in any general journal entries. Compute the January 31 balance for Wildhorse in the following accounts. a. Accounts Payable tA b. Accounts Receivable to C. Cash d. Inventory to e. Sales Revenue eTextbook and Media Save for Later Attempts: 0 of 1 used Submit Answer Using multiple attempts will impact your score. 25% score reduction after attempt 1