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Crane Company uses both special journals and a general journal as described in this chapter. On June 30, after all monthly postings had been completed,
Crane 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 $303,900; the Accounts Payable control account had a credit balance of $86,200 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 Sales journal Total $174,100 Purchases joumal Total purchase $53.500 Cash receipts journal Accounts receivable column total $125.500 Cash payments journal Accounts payable column total $48.900 (a) What the balance of the Accounts Receivable control account after the monthly postings on July 31? The balance of the Accounts Receivable control account $ (b) eTextbook and Media Save for Later Attempts: 0 of 5 used Submit Aver What the balance of the Accounts Payable control account after the monthly postings on July 31? The balance of the Accounts Payable control account $ (c) eTextbook and Media Save for Later To what account(a) lathe column total of $174,100 In the salsa journal posted? (d) eTextbook and Media Save for Later Attempts: 0 of 5 used Submit Ar Attempts: 0 of 5 used Submit A To what account(s) lathe accounts receivable column total of $125,500 In the cash receipts journal posted? eTextbook and Media Save for Later Attempts: 0 of 5 used Submit A
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