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What is the january 31 balance in the control account

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Reference no: EM131158180

Pennington Company has a balance in its Accounts Payable control account of $8,721 on January 1, 2014.

The subsidiary ledger contains three accounts:

Hale Company, balance $2,572;

Janish Company, balance $1,685; and Valdez Company.

During January, the following payable-related transactions occurred.

What is the January 31 balance in the control account?

                              Purchases     Payments     Returns

Hale Company       $6,968          $5,717          $ -0-

Janish Company    5,075            1,685            3,133

Valdez Company    6,677            6,319            -0

Reference no: EM131158180

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