Exercise 7-3 (Part Level Submission) On September 1, the balance of the Accounts Receivable control account in the general ledger of Montgomery Company was $11,210. The customers' subsidiary ledger contained account balances as follows: Hurley $1,580, Andino $2,560, Fowler $2,190, and Sogard $4,880. At the end of September, the various journals contained the following information. Sales journal: Sales to Sogard $720, to Hurley $1,190, to Giambi $1,330, and to Fowler $1,230. Cash receipts journal: Cash received from Fowler $1,320, from Sogard $2,390, from Giambi $490, from Andino $1,720, and from Hurley $1,210. General journal: An allowance is granted to Sogard $280. (a) Your answer is partially correct. Try again. Set up control and subsidiary accounts and enter the beginning balances. Accounts Receivable Date Explanation Ref. Debit Credit Balance Sept. 1 Balance 11,210 Accounts Receivable Subsidiary Ledger Fowler Date Explanation Ref. Debit Credit Balance Sept. 1 Balance 720 11,930 Sogard Date Explanation Ref. Debit Credit Balance x Sept. 1 Balance 1190 13,120 Giambi Date Explanation Ref. Debit Credit Balance x Sept. 1 Balance 1330 14,450 Andino Date Explanation Ref. Debit Credit Balance Sept. 1 Balance 1720 16,170 Hurley Date Explanation Ref. Debit Credit Balance x Sept. 1 Balance 1190 17,360