Presented below is information related to Gantner Company for its first month of operations. 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.
|
Credit Sales |
Cash Collections |
||||
|
Jan. 7 |
Austin Co. |
$10,000 |
Jan. 17 |
Austin Co. |
$7,000 |
|
15 |
Diaz Co. |
8,000 |
24 |
Diaz Co. |
4,000 |
|
23 |
Noble Co. |
9,000 |
29 |
Noble Co. |
9,000 |