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Splish Co.uses special journals and a general journal. On June 30, after all monthly postings had been completed, the Accounts Receivable control account in the
Splish Co.uses special journals and a general journal. On June 30, after all monthly postings had been completed, the Accounts Receivable control account in the general ledger had a debit balance of $137,300, and the Accounts Payable control account had a credit balance of $145,000 The July transactions recorded in the special journals are summarized below. Splish Co maintains a perpetual inventory system. No entries that affected accounts receivable and accounts payable were recorded in the general journal for July Sales journal: total sales. $93.770, cost of goods sold, $54,320 Purchases journal: total purchases, $37,300 Cash receipts journal accounts receivable column total, $76,900 Cash payments journal: accounts payable column total, $42,600 What is the balance of the Accounts Receivable control account after the monthly postings on July 31? balance of $ What is the balance of the Accounts Payable control account after the monthly postings on July 31? balance of $ To what accounts are the column totals for total sales of $93,770 and cost of goods sold of $54,320 in the sales journal posted? Account Effect Debit Credit Column total of 93,770 in the sales journal Column total of 54,320 in the cost of goods sold
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