The revenue journal for Sapling Consulting Inc. follows. The accounts receivable controlling account has a July 1, 20Y2, balance of $625 consisting of an amount due from Aladdin Co. There were no collections during July.

a. Prepare a T account for the accounts receivable customer accounts.
b. Post the transactions from the revenue journal to the customer accounts and determine their ending balances.
c. Prepare T accounts for the accounts receivable and fees earned accounts. Post control totals to the two accounts and determine the ending balances.
d. Prepare a schedule of the customer account balances to verify the equality of the sum of the customer account balances and the accounts receivable controlling account balance.
e. How might a computerized system differ from a revenue journal in recording revenue transactions?

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REVENUE JOURNAL Page 12 Invoice No. Accts. Rec. Dr. Fees Earned Cr. Date Account Debited Post. Ref. 20Y2 July 4 355 Clearmark Co... 9. 356 Life Star Inc. 1,890 18 357 Aladdin Co... 3,410 22 359 Clearmark Co... 950 31 3,660 9,910