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Compute the balances in the subsidiary accounts at the end of the monthPennington Company has a balance in its Accounts Payable control account of $8,632

Compute the balances in the subsidiary accounts at the end of the monthPennington Company has a balance in its Accounts Payable control account of $8,632 on January 1, 2014. The subsidiary ledger contains three accounts: Hale Company, balance $2,691; Janish Company, balance $1,931; and Valdez Company. During January, the following payable-related transactions occurred.

Purchases Payments Returns
Hale Company $6,562 $5,537 $ -0-
Janish Company 5,350 1,931 2,887
Valdez Company 6,134 6,208

-0-

Compute the balances in the subsidiary accounts at the end of the month.

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