following is information from thompson company for its initial month of business 646329

Following is information from Thompson Company for its initial month of business.

(1) Identify the balances listed in the accounts receivable subsidiary ledger.

(2) Identify the accounts receivable balance listed in the general ledger at month’s end.

	Credit Sales				Cash Collections
Jan. 10	Boerman Company		$3,000	Jan. 20	Boerman Company		$2,000
19	Lehman Brothers		1,600	28	Lehman Brothers		1,600
23	Finger Company		2,200	31	Finger Company		1,300