Sheridan Company uses both special journals and a general journal as described in this chapter....
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Sheridan Company uses both special journals and a general journal as described in this chapter. On June after all monthly postings had been completed, the accounts receivable control account in the general ledger had a debit balance of ; the accounts payable control account had a credit balance of The July transactions recorded in the special journals are summarized below. No entries affecting accounts receivable and accounts payable were recorded in the general journal for July.Sales journal. Total Sales $Purchase journal Total Purchases $Cash receipts journal Accounts receivable column total $Cash payments journal Accounts payable column total$ What is the balance of the Accounts Receivable control account after the monthly postings on July What is the balance of the Accounts Payable control account after the monthly postings on July To what accounts is the column total of $ in the sales journal posted? To what accounts is the accounts receivable column total of $ in the cash receipts journal posted.
Sheridan Company uses both special journals and a general journal as described in this chapter. On June after all monthly postings had been completed, the accounts receivable control account in the general ledger had a debit balance of ; the accounts payable control account had a credit balance of The July transactions recorded in the special journals are summarized below. No entries affecting accounts receivable and accounts payable were recorded in the general journal for July.Sales journal. Total Sales $Purchase journal Total Purchases $Cash receipts journal Accounts receivable column total $Cash payments journal Accounts payable column total$ What is the balance of the Accounts Receivable control account after the monthly postings on July What is the balance of the Accounts Payable control account after the monthly postings on July To what accounts is the column total of $ in the sales journal posted? To what accounts is the accounts receivable column total of $ in the cash receipts journal posted.
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