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If the individual subsidiary ledger accounts contained the following data: Cadence Company, Vendor, $200, credit balance Franklin Enterprises, Customer , $750, debit balance Marcelo Construction,
If the individual subsidiary ledger accounts contained the following data: Cadence Company, Vendor, $200, credit balance Franklin Enterprises, Customer , $750, debit balance Marcelo Construction, Client, $125, debit balance Peyton Supplies, Supplier, $375, credit balance The accounts receivable (A/R) control account and the accounts payable (A/P) control account balances would be:
A/R, $875; A/P, $575
A/R, $750; A/P, $700
A/R, $1,375; A/P, $375
A/R, $525; A/P, $175
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