Question
Ivanhoe Company has a balance in its Accounts Receivable control account of $11.300 on January 1, 2022. The subsidiary ledger contains three accounts: Bixler
Ivanhoe Company has a balance in its Accounts Receivable control account of $11.300 on January 1, 2022. The subsidiary ledger contains three accounts: Bixler Company, balance $4,200; Cuddyer Company, balance $2.500; and Freeze Company. January, the following receivable-related transactions occurred. Credit Sales Collections Returns Bixler Company $9,100 $8,000 50 Cuddyer Company 6,800 2.800 3.500 Freeze Company 8,700 8700 Compute the balances in the subsidiary accounts at the end of the month. Balances in the subsidiary accounts Bixler $ tA Cuddyer +A $ Freeze $
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Get StartedRecommended Textbook for
Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056
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