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Subsidiary ledger? 1 Crane Company has a balance in its Accounts Payable control account of $8,380 on January 1, 2022. The subsidiary ledger contains three

Subsidiary ledger? 1
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Crane Company has a balance in its Accounts Payable control account of $8,380 on January 1, 2022. The subsidiary ledger contains three accounts: Hale Company, balance $2,660; Janish Company, balance $1,980; and Valdez Company. During January, the following payable-related transactions occurred. Purchases Payments Returns $6,970 $5,540 $0 Hale Company Janish Company 5.000 1.980 2,640 Valdez Company 6,825 6.110 O What is the January 1 balance in the Valdez Company subsidiary account? Balance in the Valdez Company subsidiary account $

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