Nex Company uses both special journals and a general journal as described in this chapter. On June 30, after all monthly postings had been completed, the Accounts Receivable control l account in the general ledger had a debit balance of $325,700; the Accounts Payable control account had a credit balance of S80,10. The July transactions recorded in the special journals are summarized below. No entries affecting accounts receivable and accounts payable were recorded in the general journal for July. Sales journal Purchases journal Cash receipts journal Accounts receivable column total $131,100 Cash payments journal Accounts payable column total Total sales $171,700 $55,900 Total purchases $44,700 Your answer is incorrect. Try again. What is the balance of the Accounts Receivable control account after the monthly postings on July 31 The balance of the Accounts Receivable control account x 497 VIDEO: SIMILAR EXERCISE xYour answer is incorrect. Try again. What is the balance of the Accounts Payable control account after the monthly postings on July 311 The balance of the Accounts Payable control account 136, Your answer is incorrect. Try again. To what account(s) is the column total of $171,700 in the sales journal posted? Debit accounts receivable in the general ledger VIDEOt SIEMILAR EXERCISE Your answer is incorrect. Try again. To what account(s) is the accounts receivable column total of $131,100 in the cash receipts journal posted Debit sales revenue and credit accounts receivable in the general ledger Click if you would like to Show Work for this question: Open Show Work