Alltech Company maintains a separate accounts receivable account for each customer. On June 18, Alltech provides $6,300 of ser

Question

2 years ago

4

Alltech Company maintains a separate accounts receivable account for each customer. On June 18, Alltech provides $6,300 of ser

vices on account to customer Anthony and $1,200 of services on account to customer Walker. How will these two transactions affect the control and subsidiary accounts?

Business

1 answer:

blagie [28] · Answer 1 · 2023-07-08T17:21:19+03:00

Answer:

B. The control account, Accounts Receivable, will be increased with a debit of $8 300

Explanation:

According to the given situation, in total, the Alltech company makes sales of 2, one for $6,300, and the other for $2,000. The total of sales will be computed by adding both sales that are $6,300 + $2,000 = $8300 will therefore be booked and control and receivables will be boosted with a debit of $8,300.

Therefore, the correct answer is B.

Alltech Company maintains a separate accounts receivable account for each customer. On June​ 18, Alltech provides​ $6,300 of ser

Alltech Company maintains a separate accounts receivable account for each customer. On June 18, Alltech provides $6,300 of ser