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At the beginning of the month, the accounts receivable subsidiary ledger showed balances for Apple Company $15,000 and Berry Company $7,000. During the month,
At the beginning of the month, the accounts receivable subsidiary ledger showed balances for Apple Company $15,000 and Berry Company $7,000. During the month, credit sales were made to Apple $6,000, Berry $4,500, and Cantaloupe $8,500. Cash was collected on account from Berry $11,500 and Cantaloupe $3,000. At the end of the month, the Accounts Receivable control account in the general ledger should have a balance of a.$26,500. b.$12,000. c.$11,500. d.$31,000.
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