1 of 4 < > -/0.34 Oriole Company uses both special journals and a general journal as described in this chapter. On June 30, after all monthly posting had been completed, the Accounts Receivable control account in the general ledger had a debit balance of $324,100; the Account Payable control account had a credit balance of $82,700. The July transactions recorded in the special journals are summarized below. No entries affecting accounts receivable and account payable were recorded in the general journal for July. Sales journal Purchases journal Total sales $174,800 Total purchases $53,600 Cash receipts journal Accounts receivable column total $138,500 Cash payments journal Accounts payable column total $48,800 What is the balance of the Accounts Receivable control account after the monthly postings on July 31? The balance of the Accounts Receivable control account $ View Policies Current Attempt in Progress Oriole Company uses special journals and a general journal. The following transactions occurred during September 2022. Sept. 2 Sold merchandise on account to H. Drew, invoice no. 101, $710, terms n/30. The cost of the merchandise sold was $405. 10 Purchased merchandise on account from A. Pagan $555, terms 2/10, n/30. 12 Purchased office equipment on account from R. Cairo $6,100. 21 Sold merchandise on account to G. Holliday, invoice no. 102 for $810, terms 2/10, n/30. The cost of the merchandise sold was $470. 25 Purchased merchandise on account from D. Downs $825, terms n/30. 27 Sold merchandise to S. Miller for $745 cash. The cost of the merchandise sold was $450. -/0.34 Prepare a sales journal and record the transactions for September that should be journalized. (Record entries in the order presented in the problem statement.) ORIOLE COMPANY Sales Journal S1 Account Date Debited Invoice No. Accounts Receivable Dr. Cost of Goods Sold Dr. Ref. Sales Revenue Cr. Inventory Cr. 2022