Pennington Company has a balance in its Accounts Payable control account of $8,721on January 1, 2014. The

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Pennington Company has a balance in its Accounts Payable control account of $8,721on January 1, 2014. The subsidiary ledger contains three accounts: Hale Company, balance $2,572; Janish Company, balance $1,685; and Valdez Company. During January, the following payable-related transactions occurred.

What is the January 31 balance in the control account?

Purchases	Payments	Returns
Hale Company	$6,968	$5,717	$ -0-
Janish Company	5,075	1,685	3,133
Valdez Company	6,677	6,319	-0

Posted Date: Jun 22, 2024 08:12 AM

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Pennington Company has a balance in its Accounts Payable control account of $8,721on January 1, 2014. The

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