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Exercise 7-05 -- (Part Level Submission) Wildhorse Company has a balance in its Accounts Payable...

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Exercise 7-05 -- (Part Level Submission) Wildhorse Company has a balance in its Accounts Payable control account of $8,140 on January 1, 2020. The subsidiary ledger contains three accounts: Hate Company, balance 52,620; Janish Company, balance $1,750; and Valdez Company. During January, the following payable-related transactions occurred. Purchases Payments Returns Male Company $5,570 $5,990 $0 Janish Company 5,540 1,750 2.960 Videz Company 6,345 6,240 0 (a) What is the January 1 balance in the Valder Company subsidiary account Balance in the Vaider Company subsidiary accounts

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