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can you explain for me step by step 1. On December 1. the accounta receivabie contred aceount bosasce in the generai Company was 50,500. The
can you explain for me step by step 1. On December 1. the accounta receivabie contred aceount bosasce in the generai Company was 50,500. The docounts receivable subsidiary ledeor contained the folowing defiaing cuviomer balances Selg $2,000, sobe 12,400 . Taylor 52,600 , and 8 incen 52,600 . The information is available fromt the company's special journals for the moruh of December Cash flecests igbis 51,800 Salea Jeurnat Sains to Minoz 39.400, to Tayter 51.800. to Selyg 53,100 , and to burton 51.000. Additionaily, Tayler retumed defective merchandise for credit for 5000 . Snlig returned defective merchandise for sdeo which he had purchased for cash. Inatructiona (a) Using T-accounts for Accounts Reoevable Consol and the detall cuttomer accounts. pest the actiont (b) Ror the month of Decomber. (b) Listing af accounte receivatile at ond of ceivable at ond of the month: Jobs. Tayior Burton Mfomoz Tacal Accounts recelvable balance 1. On December 1. the accounta receivabie contred aceount bosasce in the generai Company was 50,500. The docounts receivable subsidiary ledeor contained the folowing defiaing cuviomer balances Selg $2,000, sobe 12,400 . Taylor 52,600 , and 8 incen 52,600 . The information is available fromt the company's special journals for the moruh of December Cash flecests igbis 51,800 Salea Jeurnat Sains to Minoz 39.400, to Tayter 51.800. to Selyg 53,100 , and to burton 51.000. Additionaily, Tayler retumed defective merchandise for credit for 5000 . Snlig returned defective merchandise for sdeo which he had purchased for cash. Inatructiona (a) Using T-accounts for Accounts Reoevable Consol and the detall cuttomer accounts. pest the actiont (b) Ror the month of Decomber. (b) Listing af accounte receivatile at ond of ceivable at ond of the month: Jobs. Tayior Burton Mfomoz Tacal Accounts recelvable balance
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