Exercise 7-01 a-d (Video) Oriole 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 $324,100; the Accounts Payable control account had a credit balance of $82,700. 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 sales $174,800 Purchases journal Total purchases $53,600 Cash receipts journal Accounts receivable column total $138,500 Cash payments journal Accounts payable column total $48,800 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 s 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 s To what account(s) is the column total of $174,800 in the sales journal posted? To what account(s) is the accounts receivable column total of $138,500 in the cash receipts journal posted? Click if you would like to Show Work for this question: Open Show Work