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Ending Accts. Rec. balance: $4,059 JOURNALIZING SALES RETURNS AND ALLOWANCES Enter the following transactions starting on page 60 of a general journal and post them
Ending Accts. Rec.
JOURNALIZING SALES RETURNS AND ALLOWANCES Enter the following transactions starting on page 60 of a general journal and post them to the appropriate general ledger and accounts receivable ledger accounts. Use account numbers as shown in the chapter. Beginning balance in Accounts Receivable is $4,200. Beginning balances in selected customer accounts are Abramowitz, $850; Gruder, $428; and Perez, $1,018. June 1 John B. Abramowitz returned merchandise previously purchased on account (Sale No. 329), $73. 6 Marie L. Perez returned merchandise previously purchased on account (Sale No. 321), $44. 8 L. B. Gruder returned merchandise previously purchased on account (Sale No. 299), $24 balance: $4,059
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