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M13 B c D F G ayuuu- Question 3 20 points 5 Nex Company uses both special journals and a general Journal as we learned

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M13 B c D F G ayuuu- Question 3 20 points 5 Nex Company uses both special journals and a general Journal as we learned in Chapter 7. On June 30, after all monthly postings had been completed, the 6 Accounts Receivable control account in the general ledger had a debit balance of $311,120; the Accounts Payable control account had a credit balance of 587,105 7 8 The July transactions recorded in the special journals are summarized below 9 10 11 Sales Journal Total Sales $164,200 12 Purchase Journal Total Purchases $56,000 Accounts Receivable 13 Cash Receipts Journal column total $130,400 Accounts Payable 4 Cash Payments Journal column total $45,700 5 6 7 What is the balance of the Accounts Receivable control account after the monthly postings on July 31? 8 What is the balance of the Accounts Payable control account after the monthly postings on July 317 CH6 CH7 CH8 + culation Mode: Automatic Workbook Statistics MacBook Air

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