Question
Pennington company has a balance in its accounts payable control account of $8,299 on January 1,2014. The subsidiary ledger contains three accounts:Hale company, balance is
Pennington company has a balance in its accounts payable control account of $8,299 on January 1,2014. The subsidiary ledger contains three accounts:Hale company, balance is $2,808,janish company, balance $1,737 and the valdez company. during January, the following payable related transactions occurred.
Hale company purchases $6,425 payments $6,174 returns -0-
janish company purchases $4,772 payments $1,737 returns $3,068
valdez company purchases $6,694 payments $6,279 returns -0-
what is the January 31 balance in the control account?
PLEASE INCLUDE STEPS THANKS.
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