At the end of May, the sales journal of Mountain View appears as follows. Assume beginning Inventory balance for May to be $12,356. Invoice Number PR Account Date Debited May Aaron 6 Reckers 10 Sara Reed 17 Anna Page 25 Sara Reed 31 Totals 192 191 192 193 Accounts Receivable Dr. Sales Cr. 3,740 2,800 1,246 498 8,284 = Cost of Goods Sold Dr. Inventory Cr. 2,842 2,310 733 293 6,178 Mountain View also recorded an allowance (price reduction given to Anna Page with the following entry Date General Journal Debit Credit May 20 Sales Returns and Allowances 400 Accounts Receivable-Anna Page 400 Record allowance to customer. Required: 1. 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. Post the sales journal and any portion of the general Journal entry that affects these accounts. 3. Prepare a schedule of accounts receivable. Complete this question by entering your answers in the tabs below. Required Required Required 1 2 3 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. ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER Anna Page Date Debit Credit Balance Date Sara Reed Debit Credit Balance Date Aaron Reckers Debit Credit Balance Required 1 Required 2 > At the end of May, the sales journal of Mountain View appears as follows. Assume beginning inventory balance for May to be $12,356. Account Invoice Date Accounts Receivable Dr. Cost of Goods Sold Dr. Debited Number PR Sales Cr. Inventory Cr. May 6 Aaron Reckers 190 3,740 2,842 10 Sara Reed 191 2,800 2,310 17 Anna Page 192 1,246 733 25 Sara Reed 193 498 293 31 Totals 8,284 6,178 Mountain View also recorded an allowance (price reduction) given to Anna Page with the following entry. Date General Journal Debit Credit May 20 Sales Returns and Allowances 400 Accounts Receivable-Anna Page 400 Record allowance to customer. Required: 1. 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. Post the sales journal and any portion of the general journal entry that affects these accounts. 3. Prepare a schedule of accounts receivable. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a schedule of accounts receivable. MOUNTAIN VIEW Schedule of Accounts Receivable May 31 Anna Page Sara Reed Aaron Reckers Total accounts receivable
