Exercise 7-03 a-c (Video) On September 1, the balance of the Accounts Receivable control account in the general ledger of Blossom Company was $11,050. The customers' subsidiary ledger contained account balances as follows: Hurley $1,430, Andino $2,750, Fowler $2,120, and Sogard $4,750. At the end of September, the various journals contained the following information. Sales journal: Cash receipts journal: General journal: Sales to Sogard $700, to Hurley $1,240, to Giambi $1,250, and to Fowler $1,270. Cash received from Fowler $1,240, from Sogard $2,150, from Giambi $230, from Andino $1,620, and from Hurley $1,130. An allowance is granted to Sogard $170. Set up control and subsidiary accounts and enter the beginning balances. Accounts Receivable Date Explanation Ref. Debit Credit Balance Sept. 1 Balance Accounts Receivable Subsidiary Ledger Fowler Date Explanation Ref. Debit Credit Balance Sept. 1 Balance Sogard Date Explanation Ref. Debit Credit Balance Sept. 1 Balance Giambi Date Explanation Ref. Debit Credit Balance Sept. 1 Balance Andino Date Explanation Ref. Debit Credit Balance Sept. 1 Balance Hurley Date Explanation Ref. Debit Credit Balance Sept. 1 Balance Post the various journals. Post the items as individual items or as totals, whichever would be the appropriate procedure. Accounts Receivable Date Explanation Ref. Sept. 1 Balance Debit Credit Balance 11,050 S CR G Accounts Receivable Subsidiary Ledger Fowler Debit Credit Balance Date Explanation Ref. Sept. 1 Balance 2,120 S CR Sogard Date Explanation Ref. Sept. 1 Balance Debit Credit Balance 4,750 s CR G Giambi Debit Credit Balance Date Explanation Ref. Sept. 1 0 S CR Andino Debit Credit Balance Date Explanation Ref. Sept. 1 Balance 2,750 CR Hurley Date Explanation Ref. Sept. 1 Balance Debit Credit Balance 1,430 S CR LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE Prepare a schedule of accounts receivable and prove the agreement of the controlling account with the subsidiary ledger at September 30, 2020. BLOSSOM COMPANY Schedule of Accounts Receivable As of September 30, 2020 Total Accounts Receivable