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End of Chapter Problem 12.5 Cathy Smythe, who trades as Cathy's Corner, uses the following journals in her business: general, cash receipts, cash payments, sales
End of Chapter Problem 12.5 Cathy Smythe, who trades as Cathy's Corner, uses the following journals in her business: general, cash receipts, cash payments, sales and purchases. The control account for the accounts receivable in the general ledger at 1 June 2015 (with posting references omitted) is summarised below. Accounts receivable control 2015 2015 125,690 9/6 8,055 18/6 142,600 26/6 30/6 1/6 8,031 21/6 808 30/6 8,055 104,500 *(Promissory note due 18/10) Set out below are the only two subsidiary ledger accounts for receivables affected by general journal entries during June. L.Jones Post Date 2015 ref. Debit Credit Balance (808) 1,069 261 June 1 8 SJ5 1,877 18 GJ7 808 G.Lyons Post Credit ref. Debit Balance Date 2015 June 1 8,031 GJ7 8,031 8,055 22 CPJ8 8,055 26 GJ7 8,055 A. State the posting references for the entries for June in the accounts receivable control account. (Post entries in the order displayed in the problem statement. Leave blank any fields following your answers that do not require an entry. For example, if there are two rows for entries, and only one entry is required, enter your answer in the first row and leave the second row blank. Round answers to 0 decimal places, e.g. 5,275.) Accounts receivable control 2015 2015
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