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> Decision Case F:7-1 Green, asks your help in reconstructing the records. All of the sales are on account A fire destroyed certain accounting records
> Decision Case F:7-1 Green, asks your help in reconstructing the records. All of the sales are on account A fire destroyed certain accounting records of Green Books. The controller, Marilyn with credit terms of n/30. The only accounting record preserved from the fire is the accounts receivable subsidiary ledger, which follows. Requirements 1. Determine the beginning and ending balances of Accounts Receivable. 2. Determine the sales on account in the month of April. 3. Determine total cash receipts on account from customers during April. Garcia Sales Debit Credit Date Post. Ref. Apr. 1 3 CR.8 25 5.6 29 5.6 Balance Debit Credit 450 0 3,600 4,700 450 3,600 1,100 Leewright, Inc. Debit Credit Date Post. Ref. Apr. 1 15 5.6 29 CR.8 Balance Debit Credit 2,800 5,400 3,900 2,600 1,500 Sally Jones Debit Credit 1,100 Date Post. Ref. Apr. 1 5 CR.8 11 5.6 21 CR.8 24 5.6 Balance Debit Credit 1,100 0 400 0 2,000 400 400 2,000 Jacques LeHavre Balance Credit Debit Credit Date Post. Ref. Apr. 1 8 S.6 16 5.6 18 CR.8 19 J.5 CR.8 2,400 900 Debit 0 2,400 3,300 900 700 0 2,400 200 700 27
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