Chapter 5 Accounting Systems 251 Problems: Series A PRS-1A Revenue journal accounts receivable subsidiary and general ledgers oBu. 2, 3 Sage Learning Centers was established on July 20, 2016, to provide educational services. The services provided during the remainder of the month are as follows: 1. Revenue journal, total fees July 21. Issued invoice No. 1 to J. Dunlop for $115 on account. earned, $1,170 22. Issued Invoice No. 2 to K. Tisdale for $350 on account. 24. Issued Invoice No. 3 to T. Quinn for $85 on account. 25. Provided educational services, $300, to K. Tisdale in exchange for educational supplies. 27. issued Invoice No. 4 to F. Mintz for $225 on account. 30. Issued Invoice No. 5 to D. Chase for $170 on account. 30. ed Invoice No. 6 to K. Tisdale for $120 on account. 31. Issued Invoice No. 7 to T. Quinn for $105 on account. Instructions using a single col journal and a 1. the transactions for July, customer accounts in the accounts umn revenue two-column general journal. Post to the following receivable ledger, and insert the balance immediately after recording each entry: D. Dunlop; F. Mintz: T. Quinn; Tisdale. Post the revenue jourmal and the general journal to the following accounts in the 2. general ledger, inserting the account balances only after the last postings 12 Accounts Receivable 13 Supplies 41 Fees Earned 3. a. what is the sum of the balances of the customer accounts in the subsidiary ledger at July 31? b. what is the balance of the accounts receivable controlling account at July 31? 4. Assume Sage Centers began using a computerized accounting system to record the sales transactions on August 1. What are some of the benefits of the computerized system over the manual system? s-2A and cash receipts journals; accounts receivable subsidiary and general ledgers Transadions related to revenue and cash receipts completed by Albany Architects Co