Subsidiary accounts

by | Jul 27, 2021 | Homework Help

Nobo Uematsu Company has a balance in its Accounts Payable control account of $8,250 on January 1, 2010. The subsidiary ledger contains three accounts: Jones Company, balance $3,000; Brown Company, balance $1,875; and Aatski Company. During January, the following payable-related transactions occurred. Purchases Payments Returns Jones Company $6,750 $6,000 $ -0- 1,875 2,250 -0- What is the January 31 balance in the control account?$Compute the balances in the subsidiary accounts at the end of the month. Jones $ Brown $ Aatski $

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