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Presented below is information related to Sheridan Company for its first month of operations. Credit Sales Cash Collections Jan. 7 Austin Co. $10,600 Jan.
Presented below is information related to Sheridan Company for its first month of operations. Credit Sales Cash Collections Jan. 7 Austin Co. $10,600 Jan. 17 Austin Co. $7,500 15 Diaz Co. 7,700 24 Diaz Co. 4,300 23 Noble Co. 10,300 29 Noble Co. 10,300 Identify the balances that appear in the accounts receivable subsidiary ledger and the accounts receivable balance that appears in the general ledger at the end of January.
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