AC114 Unit 7 Lab Learning Activity
Question 1 of 2
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Hale Company
Janish Company
Valdez Company
(a)
Blossom Company has a balance in its Accounts Payable control account of $8,000 on January 1, 2022. The subsidiary ledger contains
three accounts: Hale Company, balance $2,500: Janish Company, balance $1,500; and Valdez Company. During January, the following
payable-related transactions occurred.
Purchases Payments
$6,250
$5,500
4,750
5,875
1,500
6,000
Returns
$0
0/5 E
2,500
***