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Brief Exercise 8-4 Information related to Beca Limited is presented below for its first month of operations. Credit Sales Jan. 7 Chiu Corp. $1,730 15
Brief Exercise 8-4 Information related to Beca Limited is presented below for its first month of operations. Credit Sales Jan. 7 Chiu Corp. $1,730 15 Elbaz Inc. 6,020 23 Lewis Corp. 4,020 Cash Collections Jan. 17 Chiu Corp. $ 650 24 Elbaz Inc. 2,180 29 Lewis Corp. 4,020 Post the above transactions individually to the accounts receivable subsidiary ledger for each customer, and in summary form at the end of the month to the accounts receivable control account in the general ledger. Accounts Receivable Subsidiary Ledger Chiu Corp Lewis Corp > Elbaz Inc. General Ledger Control Account Accounts Receivable V
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