Presented below is information related to Chung Company for its first month of operations. Determine the balances that appear in the accounts payable subsidiary ledger. What Accounts Payable balance appears in the general ledger at the end of January?
|
Credit Purchases |
Cash Paid |
||||
|
Jan. 6 |
Shada Company |
$ 9,000 |
Jan. 11 |
Shada Company |
$ 6,500 |
|
Jan. 10 |
Liam Company |
12,000 |
Jan. 16 |
Liam Company |
12,000 |
|
Jan. 23 |
Esmond Company |
10,000 |
Jan. 29 |
Esmond Company |
7,700 |