Question
Balance off the general ledger accounts and the receivables and payables ledger accounts. Demonstrate that the balance on the receivables control account agrees with the
Accounts Receivable | |||
Accounts title | Debit | Credit | Balance |
Sage | 16000 | 8,500 | 7,500 |
6,000 | 6,000 | ||
Parsley | 32,250 | 32,250 | |
Dill | 23,750 | 23,750 | 0 |
Sage | 10,000 | 10,000 | |
Total | 55,750 | ||
Accounts Payable | |||
Accounts title | Debit | Credit | Balance |
Apple | 2,500 | 11,111 | 8,611 |
9,500 | 9,500 | ||
Pear | 29,389 | 29,389 | |
Total | 18,111 | ||
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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
3rd edition
77639731, 978-0077639730
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