Return to BlackboardWeygandt, Accounting Principles, 13th Edition, Custom WileyPLUS Course for Bronx Community CollegeHelp | System AnnouncementsExercise 133 a-bCALCULATORPRINTER VERSIONBACKNEXTOn September 30, after all monthly postings had been completed, the Accounts Receivable control account in the general ledger had a debit balance of $245,000; the AccountsPayable control account had a credit balance of $109,000.The October transactions recorded in the special journals are presented below.Special JournalsOctober TransactionsSales journalTotal sales$183,000Purchases journalTotal purchases75,000Cash receipts journalAccounts receivable column total128,000Cash payments journalAccounts payable column total49,000Compute the balance of the accounts rsceivable control accounts after the monthly postings on October 31.Accounts ReceivableCompute the balances of the accounts payable control accounts after the monthly postings on October 31.Accounts PayableSUBMIT ANSSAVE FOR LATERQuestion Attempts: 0 of 1 usedX PDOCKWPAGES5,%24%24

The control account's aim is to keep the general ledger safe and clean of information while still…

Ön September 30, after all monthly postings had been completed, the Accounts Receivable control account in the general ledger had a debit balance of $245,000; the Accounts Payable control account had a credit balance of $109,000. The October transactions recorded in the special journals are presented below. October Transactions Special Journals Sales journal Total sales $183,000 Purchases journal Total purchases 75,000 Accounts receivable column total 128,000 Cash receipts journal 49,000 Accounts payable column total Cash payments journal Compute the balance of the accounts receivable control accounts after the monthly postings on October 31.

Ön September 30, after all monthly postings had been completed, the Accounts Receivable control account in the general ledger had a debit balance of $245,000; the Accounts Payable control account had a credit balance of $109,000. The October transactions recorded in the special journals are presented below. October Transactions Special Journals Sales journal Total sales $183,000 Purchases journal Total purchases 75,000 Accounts receivable column total 128,000 Cash receipts journal 49,000 Accounts payable column total Cash payments journal Compute the balance of the accounts receivable control accounts after the monthly postings on October 31.

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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