Presented below is information related to Chiu Wai Electronics for its first month of operations (amounts in

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Presented below is information related to Chiu Wai Electronics for its first month of operations (amounts in thousands). 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 Gong Stereo Tsui-chang Co. Shou Computers Cash Paid HK$11,000 Gong Stereo Tsui-chang Co. Shou Computers HK$ 6,500 12,000 7,700 Jan. 6 Jan. 11 Jan. 10 12,000 10,000 Jan. 16 Jan. 23 Jan. 29

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Accounting Principles

ISBN: 978-1119419617

IFRS global edition

Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt

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