Crane company has a balance in its accounts payable control account of $9,250 on january 1, 2014. the subsidiary ledger contains three accounts: hale company, balance $3,000; janish company, balance $1,875; and valdez company. during january, the following payable-related transactions occurred. purchasespaymentsreturns hale company$6,750$6,000$ -0- janish company5,2501,8752,250 valdez company6,3756,750-0- what is the january 1 balance in the valdez company subsidiary account?

$4,375

Explanation:

Given that,

Crane Company balance = $9,250

Balance of Hale company = $3,000

Balance of Janish company = $1,875

January 1 balance in the Valdez Company subsidiary account:

= Crane Company Accounts Payable control account + Hale Company balance + Janish Company balance

= $9,250 + $3,000 + $1,875

= $4,375

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%