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CT12-1 Goldman Brothers is a retail store that sells merchandise to a large num- ber of customers on account. The company uses special journals and
CT12-1 Goldman Brothers is a retail store that sells merchandise to a large num- ber of customers on account. The company uses special journals and subsidiary ledgers. Until now the company has not assigned customer account numbers to the accounts in the accounts receivable ledger. Because many of Goldman's cus- tomers have the same names, keeping track of customers' account balances has become difficult. For example, at this time, the company has three customers named John Walters. Devise an account numbering system that you think will work for this compa ny. Explain how the system will work and how it will integrate with the three-digit system Goldman's uses for its general ledger. CT12-1 Goldman Brothers is a retail store that sells merchandise to a large num- ber of customers on account. The company uses special journals and subsidiary ledgers. Until now the company has not assigned customer account numbers to the accounts in the accounts receivable ledger. Because many of Goldman's cus- tomers have the same names, keeping track of customers' account balances has become difficult. For example, at this time, the company has three customers named John Walters. Devise an account numbering system that you think will work for this compa ny. Explain how the system will work and how it will integrate with the three-digit system Goldman's uses for its general ledger
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