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Question 28 If the individual subsidiary ledger accounts contained the following data: Cadence...

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Accounting

Question 28
If the individual subsidiary ledger accounts contained the following data:
Cadence Company, Vendor, $200, credit balance
Franklin Enterprises, Customer, $750, debit balance
Marcelo Construction, Client, $125, debit balance
Peyton Supplies, Supplier, $375, credit balance
The accounts receivable (A/R) control account and the accounts payable (A/P) control account
balances would be
A/R, $750; A/P, $700
A/R, $525; A/P, $175
A/R, $875; A/P, $575
A/R, $1,375; A/P, $375
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