Bradley Company sells electrical supplies on a wholesale basis. P.O. 2,3,4,5 The following transactions took place during April of this year:.

Instructions 1. Record these sales of merchandise on account in the sales journal (page 39). Check Figure Record the sales returns and allowances in the general journal (page 74). Accounts Receivable account bal2. Immediately after recording each transaction, post to the accounts receivable ance, $4,475.47 debit ledger.
3. Post the amounts from the general journal daily. Post the sales journal amounts as a total at the end of the month; 113 Accounts Receivable, 411 Sales, 412 Sales Returns and Allowances.
4. Prepare a schedule of accounts receivable. Compare the balance of the Accounts Receivable controlling account with the total of the schedule of accounts receivable.
Instructions for General Ledger Software 1. Record these transactions in either the sales journal or the general journal and post, 2. Print the entries from the general journal.
3. Print the entries from the sales journal.
4. Print a schedule of accounts receivable and compare its total with the Accounts Receivable account.

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Apr. 1 Sold merchandise on account to Mayfair Company, invoice no. 761, $561.24. 5 Sold merchandise on account to L. R. Friedman Company, invoice no. 762, $297.11. 6 Issued credit memo no. 50 to Mayfair Company for merchandise returned, $42.72. 10 Sold merchandise on account to Danforth Hardware, invoice no. 763, $193.35. 14 Sold merchandise on account to Berg and Hobart, invoice no. 764, $740.16. 17 Sold merchandise on account to Poe and Roberts, invoice no. 765, $472.12. 21 Issued credit memo no. 51 to Berg and Hobart for merchandise returned, $67.77. 24 Sold merchandise on account to Overmeier Company, invoice no. 766, $482.87. 26 Sold merchandise on account to Danforth Hardware, invoice no. 767, $761.19. 30 Issued credit memo no. 52 to Danforth Hardware for damage to merchandise, $91.50.