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

Instructions Check Figure Accounts Receivable account bal¬
ance, $5,037.53 debit 1. Record these sales of merchandise on account in the sales journal (page 39).
Record the sales returns and allowances in the general journal (page 74).
2. Immediately after recording each transaction, post to the accounts receivable ledger.
3. Post the amounts from the general journal daily. Post the sales journal amount 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 balance of Accounts Receivable.

Transcribed Image Text:

Apr. 3 Sold merchandise on account to Mayfair Company, invoice no. 822, $641.20. 7 Sold merchandise on account to L. R. Friedman Company, invoice no. 823, $378.53. 8 Sold merchandise on account to Danforth Hardware, invoice no. 824, $193.25.