Pharoah Company has a balance in its Accounts Receivable control account of $ 11,300 on January 1, 2022. The subsidiary ledger contains three accounts: Bixler Company, balance $ 3,700; Cuddyer Company, balance $ 2,900; and Freeze Company. During January, the following receivable-related transactions occurred. Credit Sales Collections Returns Bixler Company $ 8,600 $ 8,400 $ 0 Cuddyer Company 6,700 2,400 3,500 Freeze Company 8,200 9,300 0
Pharoah Company has a balance in its
|
Credit Sales |
Collections |
Returns |
||||
|
Bixler Company |
$ 8,600 |
$ 8,400 |
$ 0 |
|||
|
Cuddyer Company |
6,700 |
2,400 |
3,500 |
|||
|
Freeze Company |
8,200 |
9,300 |
0 |
(a)
What is the January 1 balance in the Freeze Company subsidiary account?
|
Balance in the Freeze Company subsidiary account |
$ enter the balance in the Freeze Company subsidiary account in dollars |
(b)
What is the January 31 balance in the control account?
|
Balance in the control account |
$ enter the balance in the control account in dollars |
(c)
Compute the balances in the subsidiary accounts at the end of the month.
|
Balances in the subsidiary accounts |
|
|
Bixler |
$ enter a dollar amount |
|
Cuddyer |
$ enter a dollar amount |
|
Freeze |
$ enter a dollar amount |
(d)
Which January transaction would not be recorded in a special journal? select an option Credit Sales Sales Returns Collections
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