question kieschnick company has a balance in its accounts receivable control account 4294151
Question
Kieschnick Company has a balance in its Accounts Receivable control account of $11,300 on January 1, 2017. The subsidiary ledger contains three accounts: Bixler Company, balance $4,200; Cuddyer Company, balance $2,500; and Freeze Company. During January, the following receivable-related transactions occurred.
Credit Sales
Collections
Returns
|
|
|
Credit Sales |
|
Collections |
|
Returns |
|
Bixler Company |
|
$9,100 |
|
$8,000 |
|
$ 0 |
|
Cuddyer Company |
|
6,800 |
|
2,800 |
|
3,500 |
|
Freeze Company |
|
8,700 |
|
8,700 |
|
0 |