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At the end of May, the sales journal of Mountain View appears as follows. Account Debited Cost of Goods Sold Dr Inventory Cr 2,485 1,922
At the end of May, the sales journal of Mountain View appears as follows. Account Debited Cost of Goods Sold Dr Inventory Cr 2,485 1,922 610 244 Invoice Accounts Receivable Dr. Sales Cr 3,270 2,330 1.037 Date May 6 Number PR Aaron Reckers 10 Sara Reed 17Anna Page 25 Sara Reed 190 191 192 193 415 31 Totals 7,052 5.261 Mountain View also recorded the return of defective merchandise with the following entry Date May 20 General Journal Debit 225 Credit Sales Returns and Allowances Accounts Receivable-Anna Page Customer returned (worthless) merchandise. 225 value: 3.00 points 3. Prepare a schedule of accounts receivable MOUNTAIN VIEW Schedule of Accounts Receivable May 31 Anna Page Sara Reed Aaron Reckers Total accounts receivable $ 0
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