If the individual subsidiary ledger accounts of Accounts Receivable and Accounts Payable contained the following data: Cadence Company - Vendor - $125 credit balance Franklin Enterprises - Customer - $75 debit balance Marcelo Construction - Client - $375 - debit balance Peyton Supplies - Supplier - $275 - credit balance The Accounts Receivable (A/R) controlling account balance and the Accounts
Payable (A/P) controlling account balances would be:
A) A/R - $200, A/P - $650
B) A/R - $400, A/P - $450
C) A/R - $450, A/P - $400
D) A/R - $75, A/P - $775
C
You might also like to view...
Preference data order the brands or stimuli in terms of respondents' preference for some property
Indicate whether the statement is true or false
When a firm's expert lacks public speaking skills, all of the following are appropriate options EXCEPT ________
A) training the expert on public speaking techniques B) presenting the expert's ideas as those of another employee C) asking the expert to write an article rather than presenting a speech D) making and editing a video of the expert speaking without a live audience E) assigning another person to present the expert's material in front of an audience
Just-in-time manufacturing is a system that acquires inventory and produces product only when needed for an order.
Answer the following statement true (T) or false (F)
The defendant must testify in a criminal proceeding
a. True b. False Indicate whether the statement is true or false