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The following is information related to Sheridan Company for its first month of operations. Credit Sales   Cash Collections Jan. 7   Austin Co.   $ 10,600   Jan. 17   Austin Co.   $ 7,500 15   Diaz Co.   7,700   24   Diaz Co.   4,300 23   Noble Co.   10,300   29   Noble Co.   10,300 Identify the balances that appear in the accounts receivable subsidiary ledger and the accounts receivable balance that appears in the general ledger at the end of January.     Subsidiary Ledger         Austin Co.   Diaz Co.   Noble Co.   General ledger Balance of Accounts Receivable   $ enter a dollar amount   $ enter a dollar amount   $ enter a dollar amount   $ enter a dollar amount

The following is information related to Sheridan Company for its first month of operations. Credit Sales   Cash Collections Jan. 7   Austin Co.   $ 10,600   Jan. 17   Austin Co.   $ 7,500 15   Diaz Co.   7,700   24   Diaz Co.   4,300 23   Noble Co.   10,300   29   Noble Co.   10,300 Identify the balances that appear in the accounts receivable subsidiary ledger and the accounts receivable balance that appears in the general ledger at the end of January.     Subsidiary Ledger         Austin Co.   Diaz Co.   Noble Co.   General ledger Balance of Accounts Receivable   $ enter a dollar amount   $ enter a dollar amount   $ enter a dollar amount   $ enter a dollar amount

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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The following is information related to Sheridan Company for its first month of operations.

Credit Sales

  

Cash Collections

Jan. 7

  

Austin Co.

  

$ 10,600

  

Jan. 17

  

Austin Co.

  

$ 7,500

15

  

Diaz Co.

  

7,700

  

24

  

Diaz Co.

  

4,300

23

  

Noble Co.

  

10,300

  

29

  

Noble Co.

  

10,300



Identify the balances that appear in the accounts receivable subsidiary ledger and the accounts receivable balance that appears in the general ledger at the end of January.

   

Subsidiary Ledger

  

 
   

Austin Co.

  

Diaz Co.

  

Noble Co.

  

General ledger

Balance of Accounts Receivable

  

$ enter a dollar amount

  

$ enter a dollar amount

  

$ enter a dollar amount

  

$ enter a dollar amount

 

 
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