At the end of May, the sales journal of Mountain View appears as follows. 7-10 subsidiary ledger preparing a of accounts Sales Journal PR Date May 6 10 17 Account Debited Aaron Reckers Sara Reed Anna Page Sara Reed Totals Invoice Number 190 191 192 193 Accounts Receivable Dr. Sales Cr. 3,880 2,940 1,850 1,340 10,010 Page 20 Cost of Goods Sold Dr. Inventory Cr. 3,120 2.325 1,480 1,075 8,000 25 31 Chapter 7 Accounting Information Systems so recorded the return of defective merchandise with the following entry. tain View also rec pur- Sales Returns and Allowances. Accounts Receivable-Anna Page......... Customer returned (worthless) merchandise. 350 350 Required e an accounts receivable subsidiary ledger that has a T-account for each customer listed in the journal. Post to the customer accounts the entries in the sales journal and any portion of the gen- eral journal entry that affects a customer's account. 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. Check (3) Endir Receivable, $96