Assignment CALCULATOR FULL SCREEN URCES PRINTER VERSION BACK NEXT Exercise 7-01 a-d (Video) Sheridan Company uses both special journals and a general journal as described in this chapter. On June 30, after all monthly postings had been completed, the Accounts Receivable control account in the general ledger had a debit balance of $300,300; the Accounts Payable control account had a credit balance of $83,600. The July transactions recorded in the special Journals are summarized below. No entries affecting accounts receivable and accounts payable were recorded in the general Journal for July. y Study Sales journal Purchases journal Cash receipts journal Cash payments journal Total sales Total purchases Accounts receivable column total Accounts payable column total $169,300 $57,000 $141,600 $46,700 Your answer is correct. What is the balance of the Accounts Receivable control account after the monthly postings on July 317 The balance of the Accounts Receivable control account 328000 a- Your answer is correct. What is the balance of the Accounts Payable control account after the monthly postings on July 317 by Study The balance of the Accounts Payable control account 93900 SHOW ANSWER LINK TO TEXT LINK TO TEXT VIDEO SIMILAR EXERCIS Your answer is correct. To what account(s) is the column total of $169,300 in the sales journal posted? Credit sales revenue and debit accounts receivable in the general ledger SHOWCASE LINK TO TEXT LINK TO TEXT Study. x Your answer is incorrect. Try again. To what account(s) is the accounts receivable column total of $141,600 in the cash receipts journal posted? Debit cash in the general ledger Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT Question Attempts: 2 of 3 used SAVE FOR LATER SUBM ctice Assignme ook mment Debit cash in the general ledger CALCULATOR F M Your ans Credit cash in the general ledger To what acco Credit sales revenue and debit accounts receivable in the general ledger urnal posted? Credit sales Debit accounts receivable in the general ledger al ledger SHOW ANSW Debit sales revenue and credit accounts receivable in the general ledger LINK TO TEX Credit sales revenue and debit accounts payable in the general ledger Credit accounts receivable in the general ledger x Your ans To what acco Debit sales revenue and credit accounts payable in the general ledger 1,600 in the ce Debit cash in the general ledger Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT Question Attempts: 2