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LICEU (Part Level Submission) Oriole Company has a balance in its Accounts Payable control account of $8,170 on January 1, 2020. The subsidiary ledger contains
LICEU (Part Level Submission) Oriole Company has a balance in its Accounts Payable control account of $8,170 on January 1, 2020. The subsidiary ledger contains three accounts: Hale Company, balance $2,550; Janish Company, balance $1,580; and Valdez Company. During January, the following payable-related transactions occurred. Hale Company Janish Company Valdez Company Purchases Payments Returns $7,200 $5,940 $ 0 5,690 1,580 2,650 6,435 6,600 0 Your answer is correct. What is the January 1 balance in the Valdez Company subsidiary account? 4040 Balance in the Valdez Company subsidiary account su (b) Your answer is correct. What is the January 31 balance in the control account? Balance in the control account $1 10725 (c) Compute the balances in the subsidiary accounts at the end of the month. The balances in the subsidiary accounts at the end of the month Hale $ Janish Valdez $
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