Galluzo Ltd uses a sales journal, a cash receipts journal, a general journal and an accounts receivable subsidiary ledger within a periodic inventory system. The terms of all credit sales are 2/10, n/30. Where necessary, round amounts to the nearest dollar.

The accounts receivable subsidiary ledger balances on 31 May 2019 were as follows.

The trial balance as at 1 June included, among others, the following accounts.

The following transactions during June were recorded in the sales, cash receipts or general journals (ignore GST).

Required

(a) Record the June transactions in the appropriate journals. Make all postings to the appropriate general ledger accounts and to the accounts receivable subsidiary ledgers.

(b) Reconcile the subsidiary ledger with the Accounts Receivable Control account in the general ledger.

Transcribed Image Text:

A. Guthrie C. Haigh 3980 E. Katsambit 750 G. Lintvelt 3316 I. Dowden 3184 K. Coldwell 1990 $13220