Question
Wildhorse Company has a balance in its Accounts Receivable control account of $11,200 on January 1, 2022. The subsidiary ledger contains three accounts: Bixler Company,
Wildhorse Company has a balance in its Accounts Receivable control account of $11,200 on January
1, 2022. The subsidiary ledger contains three accounts: Bixler Company, balance $4,100; Cuddyer
Company, balance $2,800; and Freeze Company. During January, the following receivable-related
transactions occurred.
| Credit Sales | Collections | Returns | |
| Bixler Co. | $8,900 | $7,500 | $0 |
| Cuddyer Co. | 7,400 | 2,300 | 2,700 |
| Freeze C. | 8,800 | 9,100 | 0 |
Balance in the Freeze Company subsidiary account.$4,300
Jan. 31 balance in the control account. $14,700
What is the balances in the subsidiary accounts at the end of the month?
| Bixler Co. | $ |
| Cuddyer Co. | $ |
| Freeze Co. | $ |
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056
