
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN: 9781337115773
Author: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher: Cengage Learning
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Provide correct answer general accounting question

Transcribed Image Text:At the beginning of the month, the accounts receivable subsidiary ledger showed balances
for Delta Corp of $8,200 and Echo Inc. of $5,800. During the month, credit sales were made
to Delta for $7,500, Echo for $3,900, and Foxtrot Ltd. for $6,400. Cash was collected on
account from Delta for $9,700 and Echo for $7,200. At the end of the month, the control
account Accounts Receivable in the general ledger should have a balance of:
a. $14,000
b. $14,900
c. $21,700
d. $31,800
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