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15. Using the following information, please calculate the balances for A/R and A/P control accounts. Hint: Control accounts are the general ledger accounts and
15. Using the following information, please calculate the balances for A/R and A/P control accounts. Hint: Control accounts are the general ledger accounts and you can show them here in "T-account" format. Beg. A/R control account balance $340,000 Beg. A/P control account balance $92.000 Sales Journal had total sales of $161,000 Purchases Journal had purchases of $54,000 Cash Receipts Journal has A/R total of $141,000 Cash Disbursements Journal has A/P total of $47,000 77
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