Nobo Uematsu Company has a balance in its Accounts Payable control account of \($8,250\) on January 1, 2008. The subsidiary ledger contains three accounts: Jones Company, balance \($3,000;\) Brown Company, balance \($1,875;\) and Aatski Company. During January, the following receivable-related transactions occurred.

Instructions

(a) What is the January 1 balance in the Aatski Company subsidiary account?

(b) What is the January 31 balance in the control account?

(c) Compute the balances in the subsidiary accounts at the end of the month.

(d) Which January transaction would not be recorded in a special journal?

Transcribed Image Text:

Purchases Payments Jones Company $6,750 $6,000 Brown Company 5,250 1,875 Aatski Company 6,375 6,750 Returns $ -0- 2,250 -0-