E6.3 Determine control account balances, and explain posting of special journals. LO9, 10, 14 Tessa Ltd uses both special journals and a general journal as described in this chapter. On 30 June, after all monthly postings had been completed, the accounts receivable control account in the general ledger had a debit balance of $200000; the accounts payable control account had a credit balance of $45000. The July transactions recorded in the special journals are summarised below. No entries affecting accounts receivable and accounts payable were recorded in the general journal for July. Sales journal Total sales $125150 Purchases journal Total purchases $ 27180 Cash receipts journal Accounts receivable column total $ 63500 Cash payments journal Accounts payable column total $ 23750 Required (a) What is the balance of the accounts receivable control account after the monthly postings on 31 July? (b) What is the balance of the accounts payable control account after the monthly postings on 31 July? (c) To what account(s) is the column total of $125150 in the sales journal posted? (d) To what account(s) is the accounts receivable column total of $63500 in the cash receipts journal posted?