Calculate balances for accounts receivable in ledgers

Reference no: EM1354330

Presented below is information related to Kienholz Company for its first month of operations. Identify the balances that appear in the accounts receivable subsidiary ledger and the accounts receivable balance that appears in the general ledger at the end of January.

Credit Sales

Jan. 7 Agler Co. $10,000
Jan. 15 Barto Co. 6,000
Jan. 23 Maris Co. 9,000

Cash Collections

Jan. 17 Agier Co. $7,000
Jan. 24 Barto Co. 4,000
Jan. 29 Maris Co. 9,000

Reference no: EM1354330

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