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Connect owconnecthtml Ex 1, 3,5, 6, 10,11 Help Seve & Ex At the end of May, the sales journal of Mountain View appears as follows
Connect owconnecthtml Ex 1, 3,5, 6, 10,11 Help Seve & Ex At the end of May, the sales journal of Mountain View appears as follows Assume beginning inventory balance for May to be $10,484 Accounts Receivable Cost of Goods Account Debited Invoice Number PR Date Dr Sales Cr 3,264 2,328 1,032 Dr 190 191 192 193 May 6 Aaron Reckers 2,478 1,914 10 Sara Reed 17 Anna Page 25 Sara Reed 31 Totals 607 413 243 7,025 5,242 Mountain View also recorded the return of defective merchandise with the following entry General Journa1 May 28 Sales Returns and Allowances Date Debit Credit 200 Accounts Receivable-Anna Page 200 Customer returned (worthless) merchandise 1. Post to the customer accounts the entries in the sales journal and any portion of the general journal entry that affects a customers accoun 2. Post the sales journal and any portion of the general journal entry that affects these accounts 3. Prepare a schedule of accounts receivable
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