1 Open the following general ledger accounts: Cash; Accounts Receivable; Inventory [March I beg. bal. is $610013 1: Office Supplies; Store Supplies: Office Equipment; Accounts Payable; LongTerm Notes Payable; W. Ferrara : Capital [March 1 beg. bal. is $510912} J; Sales; Sales Discounts; Cost of Goods Sold; and Sales Salaries Expense. Open the following accounts receivable ledger accounts: b. Seorge , N. Newman , and Kramer Oz. Open the following accounts payable ledger accounts: Jerry Corp , Elaine Company , Susan Supply _ and AJ' Jack Corp. 2 Enter these transactions in a sales journal like Exhibit IS, a purchases journal like Exhibit T39, a cash receipts journal like Exhibit TI, a cash disbursements journal like Exhibit IIL or a general journal. Number journal pages as page E. 3 Prepare a trial balance of the general ledger and prove the accuracy of the subsidiary ledgers by preparing schedules of both accounts receivable and accounts oavable