Selected account balances for Carla Vista Company at January 1, 2020, are presented below. Accounts Payable Accounts Receivable Cash Inventory Carla Vista's sales journal for January shows a total of $111,000 in the selling-price column. Its one-column purchases journal for January shows a total of $75,600. The column totals in Carla Vista's cash receipts journal are Cash Dr. $59,800; Accounts Receivable Cr. $44,000; and Sales Revenue Cr. $4,400. $12,300 20,600 16,600 13,300 The column totals in Carla Vista's cash payments journal for January are Cash Cr. $54,200; Inventory Cr. $1,300; and Accounts Payable Dr. $45,900. Hulse's total cost of goods sold for January is $61,400. Find these January 31 amounts for Carla Vista. [Use formulas in PDF from last announcement] Accounts Payable Accounts Receivable Cash Enter answer here Enter answer here Enter answer here
Selected account balances for Carla Vista Company at January 1, 2020, are presented below. Accounts Payable Accounts Receivable Cash Inventory Carla Vista's sales journal for January shows a total of $111,000 in the selling-price column. Its one-column purchases journal for January shows a total of $75,600. The column totals in Carla Vista's cash receipts journal are Cash Dr. $59,800; Accounts Receivable Cr. $44,000; and Sales Revenue Cr. $4,400. $12,300 20,600 16,600 13,300 The column totals in Carla Vista's cash payments journal for January are Cash Cr. $54,200; Inventory Cr. $1,300; and Accounts Payable Dr. $45,900. Hulse's total cost of goods sold for January is $61,400. Find these January 31 amounts for Carla Vista. [Use formulas in PDF from last announcement] Accounts Payable Accounts Receivable Cash Enter answer here Enter answer here Enter answer here
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Aa.69.
![Selected account balances for Carla Vista Company at January 1, 2020, are presented below.
Accounts Payable
Accounts Receivable
Cash
Inventory
Carla Vista's sales journal for January shows a total of $111,000 in the selling-price column.
Its one-column purchases journal for January shows a total of $75,600.
The column totals in Carla Vista's cash receipts journal are Cash Dr. $59,800; Accounts
Receivable Cr. $44,000; and Sales Revenue Cr. $4,400.
$12,300
20,600
16,600
13,300
The column totals in Carla Vista's cash payments journal for January are Cash Cr. $54,200;
Inventory Cr. $1,300; and Accounts Payable Dr. $45,900.
Hulse's total cost of goods sold for January is $61,400.
Find these January 31 amounts for Carla Vista. [Use formulas in PDF from last announcement]
Accounts Payable
Accounts Receivable
Cash
Inventory
Sales Revenue
Enter answer here
Enter answer here
Enter answer here
Enter answer here
Enter answer here](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3c1a3d06-326d-4628-acf5-14b8d9d062a4%2Fdcca543d-0c1c-4414-87cf-0451ba3e6a23%2Fclx988o_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Selected account balances for Carla Vista Company at January 1, 2020, are presented below.
Accounts Payable
Accounts Receivable
Cash
Inventory
Carla Vista's sales journal for January shows a total of $111,000 in the selling-price column.
Its one-column purchases journal for January shows a total of $75,600.
The column totals in Carla Vista's cash receipts journal are Cash Dr. $59,800; Accounts
Receivable Cr. $44,000; and Sales Revenue Cr. $4,400.
$12,300
20,600
16,600
13,300
The column totals in Carla Vista's cash payments journal for January are Cash Cr. $54,200;
Inventory Cr. $1,300; and Accounts Payable Dr. $45,900.
Hulse's total cost of goods sold for January is $61,400.
Find these January 31 amounts for Carla Vista. [Use formulas in PDF from last announcement]
Accounts Payable
Accounts Receivable
Cash
Inventory
Sales Revenue
Enter answer here
Enter answer here
Enter answer here
Enter answer here
Enter answer here
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON

Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education

Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education