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company has a balar Payable 15,300 Januar dger three accounts: Smith Company, balance. $4,600; White Company, balance $4,900 and Marino Company. During January, the following payable-related transactions occurred. Smith Company White Company Marino Company (a) (b) Purchases Payments Returns $7,600 January 31 balance $10,100 6,850 7,700 4,100 What is the January 31 balance in the control account? $ 7,850 $-0- 3,100-0- B Smith Company White Company Marino Company Eny Company has a balance in its Accounts Payable contror account of $13,300 on January 12vzu TIRE SUSUNY Peuger cumpro three accounts: Smith Company, balance $4,600; White Company, balance $4,900 and Marino Company. During January, the following payable-related transactions occurred. (a) (b) Purchases Payments $10,100 $7,600 January 31 balance 6.850 7,700 4,100 S 7,850 Returns What is the January 31 balance in the control account? $-0- 3,100 C -0-

company has a balar Payable 15,300 Januar dger three accounts: Smith Company, balance. $4,600; White Company, balance $4,900 and Marino Company. During January, the following payable-related transactions occurred. Smith Company White Company Marino Company (a) (b) Purchases Payments Returns $7,600 January 31 balance $10,100 6,850 7,700 4,100 What is the January 31 balance in the control account? $ 7,850 $-0- 3,100-0- B Smith Company White Company Marino Company Eny Company has a balance in its Accounts Payable contror account of $13,300 on January 12vzu TIRE SUSUNY Peuger cumpro three accounts: Smith Company, balance $4,600; White Company, balance $4,900 and Marino Company. During January, the following payable-related transactions occurred. (a) (b) Purchases Payments $10,100 $7,600 January 31 balance 6.850 7,700 4,100 S 7,850 Returns What is the January 31 balance in the control account? $-0- 3,100 C -0-

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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company has a balar Payable 15,300 Januar dger three accounts: Smith Company, balance. $4,600; White Company, balance $4,900 and Marino Company. During January, the following payable-related transactions occurred. Smith Company White Company Marino Company (a) (b) Purchases Payments Returns $7,600 January 31 balance $10,100 6,850 7,700 4,100 What is the January 31 balance in the control account? $ 7,850 $-0- 3,100-0- Śmith Company White Company Marino Company Dhy Company has a balance in its Accounts Payable control account of $13,300 on January 1, 2020. The suusary euger contro three accounts: Smith Company, balance $4,600; White Company, balance $4.900 and Marino Company. During January, the following payable-related transactions occurred. (a) (b) January 31 balance Purchases Payments Returns $10.100 $7,600 6.850 7,700 S 4,100 7,850 What is the January 31 balance in the control account $-0- 3,100 C -0.
Transcribed Image Text:company has a balar Payable 15,300 Januar dger three accounts: Smith Company, balance. $4,600; White Company, balance $4,900 and Marino Company. During January, the following payable-related transactions occurred. Smith Company White Company Marino Company (a) (b) Purchases Payments Returns $7,600 January 31 balance $10,100 6,850 7,700 4,100 What is the January 31 balance in the control account? $ 7,850 $-0- 3,100-0- Śmith Company White Company Marino Company Dhy Company has a balance in its Accounts Payable control account of $13,300 on January 1, 2020. The suusary euger contro three accounts: Smith Company, balance $4,600; White Company, balance $4.900 and Marino Company. During January, the following payable-related transactions occurred. (a) (b) January 31 balance Purchases Payments Returns $10.100 $7,600 6.850 7,700 S 4,100 7,850 What is the January 31 balance in the control account $-0- 3,100 C -0.
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