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If the individual subsidiary ledger accounts of Accounts Receivable and Accounts Payable contained the following data: Cadence Company - Vendor - $125 credit balance Franklin
If the individual subsidiary ledger accounts of Accounts Receivable and Accounts Payable contained the following data: Cadence Company - Vendor - $125 credit balance Franklin Enterprises - Customer - $75 debit balance Marcelo Construction - Client - $375 - debit balance Peyton Supplies - Supplier - $275 - credit balance The Accounts Receivable (A/R) controlling account balance and the Accounts Payable (A/P) controlling account balances would be: a. A/R - $200, A/P - $650 b. A/R - $400, A/P - $450 c. A/R - $450, A/P - $400 d. A/R - $75, A/P - $775
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