Joe owns Roll With It, a food truck and catering company. During the month of November, the following transactions occurred: purchase for cash from Freshly Produce, $250; purchase on account from River Valley Food Supply, $475; purchase on account from Sue's Catering Supplies, $325; purchase on account from Wholesome Ranch Meats, $290; cash payment to River Valley Food Supply, $350; and purchase on account from Wholesome Ranch Meats, $610. What is the balance in the controlling account, assuming the beginning balance was a credit balance of $150? O a. $2,100 O b. $1,600 Oc. $1,500 Od. $1,750 Liz's Volleyball Warehouse has the following account balances at the end of the year: You have been asked to prepare a schedule of accounts payable. The accounts payable ledger shows the following account balances: Sales Sales Returns and Allowances $141,050 Applebaum Associates 840 Sales Discounts 700 Carlson Company Berkins Inc. Purchases 73,500 Donald & Sons Purchases Returns and Allowances 560 Newell Supplies Purchases Discounts 650 Horton Partners Freight-in 210 Sanchez Electronics 18,200 12,600 $0 (490) 975 821 716 925 1,060 Merchandise Inventory, Jan. 1 Merchandise Inventory, Dec. 31 Determine the amount to be reported as goods available for sale. O a. $77,890 O b. $72,500 O c. $90,700 Od $157,710 Young Technology Cole Industries 664 (45) The total on the schedule of accounts payable you prepare is $5,606 and the balance in the controlling account of the general ledger is $4,626. What do you suspect the error to be? O a. There is a mathematical error in the general ledger. O b. The balance for Carlson Company was reported as a credit balance in the schedule of accounts payable. Oc. There is an error in the posting to the accounts payable ledger. Od. There is not enough information provided.