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At the end of May, the sales journal of Mountain View appears as follows. Assume beginning inventory balance for May to be $14,892 Sales Journal
At the end of May, the sales journal of Mountain View appears as follows. Assume beginning inventory balance for May to be $14,892 Sales Journal Date PR Invoice Number 190 191 May 6 May 10 May 17 May 25 May 31 Account Debited Aaron Reckers Sara Reed Anna Page Sara Reed Totals Accounts Receivable Debit Sales Credit 4,390 3,450 1,535 614 9,989 Pago 2 cost of Goods Sold Debit Inventory Credit 3,336 2,846 903 362 7.446 192 193 Mountain View also recorded an allowance (price reduction) given to Anna Page with the following entry. Date May 20 Debit 200 Credit General Journal Sales Returns and allowances Accounts Receivable-Anna Page Record allowance to customer. 23 200 account 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 2. Post the sales journal and any portion of the general Journal entry that affects these accounts. 3a. Prepare a schedule of accounts receivable. 3b. Prove (confirm) that its total equals the balance in the accounts receivable controlling account Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3A Required 38 Prove (confirm that its total equals the balance in the accounts receivable controlling account. Accounts Receivable Controlling Account Total debit Credit for allowance Balance as of May 31 $
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