Exercise 7-12 Posting to subsidiary ledger accounts; preparing a schedule of accounts receivable LO P1 At the end of May, the sales journal of Mountain View appears as follows. Assume beginning inventory balance for May to be 57,594 PA Date May 6 10 17 25 Account Debited Aaron Reckers Sara Reed Anna Page Sara Reed Totals Invoice Number 190 191 192 193 Accounts Receivable Dr. Sales C 2,520 1.580 70 281 5,014 Cost of Goods sold Dr. Inventory and 1,915 1,304 165 3,792 Mountain View also recorded an allowance (price reduction) given to Anna Page with the following entry Date General Journal Debit Credit Sales Returns and Allowances 250 Accounts Receivable-Anna Page Record allowance to customer. May 20 250 Required: 1. Post to the customer accounts the entries in the sales journal and any portion of the general journal entry that affects a customer's account 2. Post the sales journal and any portion of the general Journal entry that affects these accounts 3. Prepare a schedule of accounts receivable Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Post to the customer accounts the entries in the sales journal and any portion of the general journal entry that affects a customer's account. ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER Anna Page Debit Credit Balance Date Sara Reed Date Debit Credit Balance Aaron Reckers Dobit Credit Date Balance Required 2 > Required 1 Required 2 Required 3 Post the sales joumal and any portion of the general journal entry that affects these accounts. GENERAL LEDGER Accounts Receivable Debit Credit Date Balance Sales Debit Date Credit Balance Sales Returns and Allowances Debit Credit Date Balance Inventory Debit Credit Balance Date Beginning Inventory Cost of Goods Sold Debit Credit Date Balance Required 1 Required 3 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a schedule of accounts receivable. MOUNTAIN VIEW Schedule of Accounts Receivable May 31 Anna Page Sara Reed Aaron Reckers Total accounts receivable Required 2