1. Open the general ledger accounts and accounts receivable ledger accounts shown below. Enter the balances as of April 1, 2019.

2. Post the entries from the general journal in Problem 7.4A to the appropriate accounts in the general ledger and in the accounts receivable ledger.

3. Prepare a schedule of accounts receivable. Compare the balance of the Accounts Receivable control account with the total of the schedule.

GENERAL LEDGER ACCOUNTSS

ACCOUNTS RECEIVABLE LEDGER ACCOUNTS

Analyze: What were the total sales on account in April, prior to any returns, allowances, or discounts?

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101 111 401 Cash, $27,400 Dr. Accounts Recelvable, $4,300 Dr Sales 451 Sales Returns and Allowances 452 Sales Discounts $2,000 Alto Muslc Center Country Tunes Hawk Music Center Modern Sounds Music Supply Store Music Warehouse Oldles Sounds $2,300