Selected account balances for Hulse Company at January 1, 2014, are presented below.

Accounts Payable            $14,368

Accounts Receivable         22,026

Cash                                   16,703

Inventory                             13,907

Hulse’s sales journal for January shows a total of $110,085 in the
selling price column, and its one-column purchases journal for January
shows a total of $77,656.

The column totals in Hulse’s cash
receipts journal are: Cash Dr. $61,658; Sales Discounts Dr. $1,018;
Accounts Receivable Cr. $44,215; Sales Revenue Cr. $5,078; and Other
Accounts Cr. $13,383.

The column totals in Hulse’s cash payments
journal for January are: Cash Cr. $54,977; Inventory Cr. $2,612;
Accounts Payable Dr. $45,081; and Other Accounts Dr. $12,508. Hulse’s
total cost of goods sold for January is $62,055.

Accounts
Payable, Accounts Receivable, Cash, Inventory, and Sales Revenue are not
involved in the “Other Accounts” column in either the cash receipts or
cash payments journal, and are not involved in any general journal
entries.

Compute the January 31 balance for Hulse in the following accounts.

(a) Accounts Payable $

(b) Accounts Receivable $

(c) Cash $

(d) Inventory $

(e) Sales Revenue $