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Crane Company has a balance in its Accounts Payable control account of $10,800 on January 1, 2020. The subsidiary ledger contains three accounts: Smith
Crane Company has a balance in its Accounts Payable control account of $10,800 on January 1, 2020. The subsidiary ledger contains three accounts: Smith Company, balance $3,100; White Company, balance $2,650 and Marino Company. During January, the following payable-related transactions occurred. Purchases Payments Returns Smith Company $8,600 $6,100 $ -0- White Company 5,350 2,600 1,600 Marino Company 6,200 6,350 -0- (a) Your answer is correct. What is the January 1 balance in the Marino Company subsidiary account? January 1 balance $ eTextbook and Media 5050 (b) What is the January 31 balance in the control account? January 31 balance $ eTextbook and Media Save for Later Attempts: 1 of 2 used Attempts: 0 of 2 used Submit Answer
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