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.

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter10: Accounting For Sales And Cash Receipts

Section10.4: Posting From A Cash Receipts Journal

Problem 1WT

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A ezto.mheducation.com sijon 17A - Connect Data_Sales.xlsx: fa21cob204 Computer Information Systems Dashb on 1-7-6A - Connect Saved Help The accounts receivable balance for Renue Spa at December 31, Year 1, was $86,000. Also on that date, the balance in the Allowance for Doubtful Accounts was $2,500. During Year 2, $1.900 of accounts receivable were written off as uncollectible. In addition, Renue unexpectedly collected $130 of receivables that had been written off in a previous accounting period. Services provided on account during Year 2 were $211,000, and cash collections from receivables were $212,936. Uncollectible accounts expense was estimated to be 1 percent of the sales on account for the period. Required a. Record the transactions in general journal form and post to T-accounts. b. Based on the preceding information, compute (after year-end adjustment): (1) Balance of allowance for doubtful accounts at December 31, Year 2. (2) Balance of accounts receivable at December 31,…
Catherines Cookies has a beginning balance in the Accounts Receivable control total account of $8,200. $15,700 was credited to Accounts Receivable during the month. In the sales journal, the Accounts Receivable debit column shows a total of $12,000. What is the ending balance of the Accounts Receivable account in the general ledger?
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