p At the end of May, the sales journal of Mountain View appears as follows. Assume beginning
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At the end of May, the sales journal of Mountain View appears as follows. Assume beginning inventory balance for May to be $10,208. Number PR Debit Sales Credit Sales Journal Invoice Accounts Receivable 3,190 2,250 1,001 Date May 6 May 10 Account Debited Aaron Reckers 190 Sara Reed 191 May 17 Anna Page 192 May 25 Sara Reed 193 May 31 Totals 400 6,841 Page 2 Cost of Goods Sold Debit Inventory Credit 2,424 1,856 589 235 5,104 Mountain View also recorded an allowance (price reduction) given to Anna Page with the following entry. Date General Journal May 20 Sales Returns and Allowances Accounts Receivable-Anna Page Record allowance to customer. Required: Debit 450 Credit 450 1. Post to the customer accounts the entries in the sales journal and any portion of the general journal entry that affects a customer's account. 2. Post the sales journal and any portion of the general journal entry that affects these accounts. 3a. Prepare a schedule of accounts receivable. 3b. Prove (confirm) that its total equals the balance in the accounts receivable controlling account. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3A Required 3B Post to the customer accounts the entries in the sales journal and any portion of the general journal entry that affects a customer's account. ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER Date Anna Page Debit Credit Balance Sara Reed Date Debit Credit Balance Aaron Reckers Date Debit Credit Balance < Required 1 Required 2 > At the end of May, the sales journal of Mountain View appears as follows. Assume beginning inventory balance for May to be $10,208. Number PR Debit Sales Credit Sales Journal Invoice Accounts Receivable 3,190 2,250 1,001 Date May 6 May 10 Account Debited Aaron Reckers 190 Sara Reed 191 May 17 Anna Page 192 May 25 Sara Reed 193 May 31 Totals 400 6,841 Page 2 Cost of Goods Sold Debit Inventory Credit 2,424 1,856 589 235 5,104 Mountain View also recorded an allowance (price reduction) given to Anna Page with the following entry. Date General Journal May 20 Sales Returns and Allowances Accounts Receivable-Anna Page Record allowance to customer. Required: Debit 450 Credit 450 1. Post to the customer accounts the entries in the sales journal and any portion of the general journal entry that affects a customer's account. 2. Post the sales journal and any portion of the general journal entry that affects these accounts. 3a. Prepare a schedule of accounts receivable. 3b. Prove (confirm) that its total equals the balance in the accounts receivable controlling account. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3A Required 3B Post to the customer accounts the entries in the sales journal and any portion of the general journal entry that affects a customer's account. ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER Date Anna Page Debit Credit Balance Sara Reed Date Debit Credit Balance Aaron Reckers Date Debit Credit Balance < Required 1 Required 2 >
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