Chapter 5 eBook 1. EX.05.02 Show Me How Accounts Receivable Ledger The following revenue journal is for Westside Cleaners Inc. Assume that the beginning balances for the customer accounts were zero, except for Jordan Inc., which had a $1,080 beginning balance. In addition, there were no collections during the period. 2. EX.05.03 REVENUE JOURNAL 3. PR.05.01A Invoice Post. Accounts Rec. Dr. 4. PR.05.02A Date No. Account Debited Ref. Fees Earned Cr. 2013 May 1 112 Hazmat Safety Co. (a) 3,740 10 113 Masco Co. (b) 1,790 201 114 Alpha GenCorp (c) 5,110 27 115 Jordan Inc. (d) 31 (e) 2,260 12,900 a. The T account for Accounts Receivable and T accounts for the four accounts needed in the customer ledger are below. b. Post to the T accounts. c. Determine the balance in the accounts. May 1 Bal. May 31 May 31 Bal. Accounts Receivable 665 X 11,715 X May 20 May 31 Bal. Alpha GenCorp 2,690 X Hazmat Safety Co. Chapter 5 1. EX.05.02 2. EX.05.03 3. PR.05.01A 4. PR.05.02A eBook May 1 May 31 Bal. May 10 May 31 Bal. Show Me How Hazmat Safety Co. Masco Co. Jordan Inc. < May 1 Bal, May 27 May 31 Bal. Feedback Check My Work a., b., and c. Remember that the total of all customer accounts should be equal to the Accounts Receivable controlling account. d. Prepare a listing of the accounts receivable customer balances as of May 31, 2013. Westside Cleaners Inc. Accounts Receivable Customer Balances May 31, 2013 Alpha GenCorp 1,480 X Hazmat Safety Co. 2,425 X Masco Co. Jordan Inc. Total accounts receivable