Exercise 7-01 a-d (Part Level Submission) (Video) Sunland Company uses bath special journals and a general journal as described in this chapter. On June 30, after all manthly postings had been completed, the Accounts Receivable control account in the general ledger had a debit balance of $324,100; the Accounts Payable control account had a credit balance of $83,300 The July transactions recorded in the special journals are summarized below. No entries affecting accounts receivable and accounts payable were recorded in the general jounal for July Sales journal Purchases journal Cash receipts journal Cash payments journal Total sales Total purchases Accounts receivable column total Accounts payable column total $158,000 $51,400 $137,100 $48,600 Your answer is correct. What is the balance of the Accounts Receivable control account after the monthly postings on July 31? The balance of the Accounts Receivable control account 345000 SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT Attempts: 1 of 3 used What is the balance of the Accounts Payable control account after the monthly postings on July 31? The balance of the Accounts Payable control account LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE