At the end of May, the sales journal of Clear View appears as follows:

Required 1. Open an accounts receivable subsidiary ledger that has a T-account for each customer listed in the sales journal. Post to the customer accounts the entries in the sales journal and any portion of the general journal entry that affects a customer’s account.
2. Open a general ledger that has T-accounts for Accounts Receivable, Inventory, Sales, Sales Returns and Allowances, and Cost of Goods Sold. Post the sales journal and any portion of the general journal entry that affects these accounts.
3. Prepare a schedule of accounts receivable and prove that its total equals the balance in the Accounts Receivable controlling account.

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Sales Journal Accounts Receivable Dr. Cost of Goods Sold Dr. Inventory Cr. 2,200 Account Invoice Date Debited Number PR Sales Cr. May 6 Aaron Reckers 190 2,880 10 Sara Reed 191 1,940 17 Anna Page 192 850 25 31 Sara Reed Totals 193 340 6,010 1,600 500 200 4,500 Clear View also recorded the return of defective merchandise with the following entry: May 20 Sales Returns and Allowances Accounts Receivable-Anna Page Customer returned (worthless) merchandise. 250 250 E