Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Accounts Receivable Subsidiary Ledger The revenue journal and cash receipts journal for Birmingham Productions Inc follow. The accounts receivable control account has a panuary 1,

image text in transcribed
image text in transcribed
image text in transcribed
Accounts Receivable Subsidiary Ledger The revenue journal and cash receipts journal for Birmingham Productions Inc follow. The accounts receivable control account has a panuary 1, 2014, balance of 54.720 consisting of an amount due from Clear Pointe Studios Inc. REVENUE JOURNAL Page 16 Date Invoice No. Account Debited Accounts Rec. Dr. Fees Earned Cr. Post. Ref. 2014 Jan. 6 1 2,860 Echo Broadcasting Co. Gold Coast Media Inc. 14 2 6,350 22 3 Echo Broadcasting Co. 3,710 25 Clear Pointe Studios Inc. 2,050 29 5 Amber Communications Inc. 4,550 31 19,520 (12) (41) CASH RECEIPTS JOURNAL Page 36 Date Account Credited Post. Ref. Fees Earned Cr Accounts Rec. Cr. Cash Dr. 2014 Jan. 6 Clear Pointe Studios Inc. 4,720 4,720 11 Fees Earned 3,990 3,990 18 2,860 2,860 Echo Broadcasting Co. Gold Coast Media Inc. 28 6,350 6,350 31 3,990 13,930 17.920 (41) Prepare a listing of the accounts receivable customer balances and verify that the total agrees with the ending balance of the accounts receivable controlling account. If an amount is zero, enter "O". Birmingham Productions Inc. Accounts Receivable Customer Balances January 31, 2014 Amber Communications Inc. Clear Pointe Studios Inc. Echo Broadcasting Co. Gold Coast Media Inc. Prepare a listing of the accounts receivable customer balances and verify that the total agrees with the ending balance of the accounts receivable controlling account. If an amount is zero, enter "0 Birmingham Productions Inc. Accounts Receivable Customer Balances January 31, 2014 Amber Communications Inc. Clear Pointe Studios Inc. Echo Broadcasting Co. Gold Coast Media Inc. Total accounts receivable Birmingham Productions Inc. Accounts Receivable Controlling Balance, January 1, 2014 Total debits (from revenue journal) Total credits (from cash receipts journal) Balance, January 31, 2014

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Integrated Audit Practice Case

Authors: David S. Kerr, Randal J. Elder, Alvin A. Arena

6th Edition

0912503564, 9780912503561

More Books

Students also viewed these Accounting questions