What is the balances in the subsidiary accounts

Assignment Help Accounting Basics
Reference no: EM133611989

Question: Wildhorse Company has a balance in its Accounts Receivable control account of $11,200 on January 1, 2022. The subsidiary ledger contains three accounts: Bixler Company, balance $4,100; Cuddyer Company, balance $2,800; and Freeze Company. During January, the following receivable-related transactions occurred.

Balance in the Freeze Company subsidiary account. $4,300 Jan. 31 balance in the control account. $14,700

What is the balances in the subsidiary accounts at the end of the month?

Reference no: EM133611989

Questions Cloud

Apply bonilla-silvas theory of color-blind racism : Apply Bonilla-Silva's theory of color-blind racism to real-life experiences and explain the detrimental implications of trying to erase race as an issue. B
Minuses of participating in interscholastic sporting events : What are some of the pluses and minuses of participating in interscholastic sporting events?
How environment of care contribute to clients deterioration : What are some other interventions that could have been done? How did the environment of care (busy ER) contribute to the client's deterioration?
People with mental illness important responsibility : Why is responding to people with mental illness an important responsibility of the police? how should the police best respond to people with mental illness?
What is the balances in the subsidiary accounts : Balance in the Freeze Company subsidiary account. $4,300 Jan. 31 balance in the control account. $14,700 What is the balances in the subsidiary accounts
Explain how communication technique demonstrated in scenario : Explain how communication techniques demonstrated in scenario will contribute to a safe and therapeutic environment.
Explore the ways disadvantage manifests itself in society : Your essay should use the macro perspective to explore the ways this disadvantage manifests itself in society.
Significant benefits aside from legal liability : Fairness opinion is very valuable and provides significant benefits aside from legal liability. A fairness opinion expert will not try and convince
Pay in tax more than their net gross profit : The IRS's job is to collect due tax revenue, but that can't be done if a business is required to pay in tax more than their net gross profit

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd