Solved: What is the january 1 balance in the koyan company, Accounting Basics

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What is the january 1 balance in the koyan company

Yu Suzuki Company has a balance in its Accounts Receivable control account of $11,000 on January 1, 2010. The subsidiary ledger contains three accounts: Smith Company, balance $4,000; Green Company, balance $2,500; and Koyan Company. During January, the following receivable-related transactions occurred.

Instructions

(a) What is the January 1 balance in the Koyan Company subsidiary account?

(b) What is the January 31 balance in the control account?

(d) Which January transaction would not be recorded in a specialjournal?

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Accounting Basics: What is the january 1 balance in the koyan company

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Accounting Basics: What is the january 1 balance in the koyan company

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