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Question - Crane Company has a balance in its Accounts Receivable control account of $11,300 on January 1, 2020. The subsidiary ledger contains three accounts: Bixler Company, balance $4,500; Cuddyer Company, balance $2,100; and Freeze Company. During January, the following receivable-related transactions occurred.
Credit Sales
Collections
Returns
Bixler Company
$9,500
$7,700
$0
Cuddyer Company
7,300
2,600
3,300
Freeze Company
9,000
0
Required - What is the January 31 balance in the control account?
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