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What is the January 31 balance in the control account? Pennington Company has a balance in its Accounts Payable control account of $8,293on January 1,
What is the January 31 balance in the control account?
Pennington Company has a balance in its Accounts Payable control account of $8,293on January 1, 2014. The subsidiary ledger contains three accounts: Hale Company, balance $2,746; Janish Company, balance $1,932; and Valdez Company. During January, the following payable-related transactions occurred.
PurchasesPaymentsReturns
Hale Company$6,899$6,300$ -0-Janish Company4,8631,9322,817Valdez Company6,4196,899-0-
Purchases | Payments | Returns | |
Hale Company | $6,899 | $6,300 | $ -0- |
Janish Company | 4,863 | 1,932 | 2,817 |
Valdez Company | 6,419 | 6,899 | -0- |
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