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1. What is the January 31 balance in the control account? 2. Compute the balances in the subsidiary accounts at the end of the month.

image text in transcribed1. What is the January 31 balance in the control account?

2. Compute the balances in the subsidiary accounts at the end of the month. All 3.

Exercise 7-04 a-d (Part Level Submission) Pharoah Company has a balance in its Accounts Receivable control account of $11,500 on January 1, 2020. The subsidiary ledger contains three accounts: Bixler Company, balance $3,800; Cuddyer Company, balance $2,600; and Freeze Company. During January, the following receivable-related transactions occurred. Collections Returns Bixler Company Cuddyer Company Freeze Company Credit Sales $9,500 6,700 8,700 $7,800 3,000 9,400 $ 0 2,700 0

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