The following is information related to Carla Vista Company for its first month of operations.

Credit Sales						Cash Collections
Jan. 7		Austin Co.		$12,800		Jan. 17		Austin Co.		$7,200
15		Diaz Co.		7,100		24		Diaz Co.		4,400
23		Noble Co.		9,400		29		Noble Co.		9,400

Identify the balances that appear in the accounts receivable subsidiary ledger and the accounts receivable balance that appears in the general ledger at the end of January.

		Subsidary Ledger						General Ledger
		Austin Co.		Diaz Co.		Noble Co.
Balance of Accounts Receivable		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount

Answer rating: 100% (QA)

For subsidiaries Accounts receivable is the difference between Credit sales and ... View the full answer