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Exercise 7.9 (Algo) Posting to the general ledger and the accounts receivable ledger. LO 7-4 Assume the following account balances at January 1, 20xt Accounts
Exercise 7.9 (Algo) Posting to the general ledger and the accounts receivable ledger. LO 7-4 Assume the following account balances at January 1, 20xt Accounts Receivable (control account) Accounts Receivable-John Gibrone Accounts Receivable Garcia Accounts Receivable-Dune Lin 57.920 4.500 2,100 1,020 DEBIT CREDIT 430 480 GENERAL JOURNAL POST DATE DESCRIPTION REE 20x1 & Cash Accounts Receivable/Sohn Gibrone Received partial payment on account from John Strone 20 Sales Returns and Allowances Sales Tax Payable Accounts Receivable/is Garcia Accept return of defective merchandise. Credit Memorandum 121 orligsal sale made on Sales Slip 11102 of January 2, 201 200 16 216 Required: Post the entries in the general journal above to the Accounts Receivable account in the general ledger and to the appropriate accounts in the accounts receivable ledger for Calderone Company Complete this question by entering your answers in the tabs below. General Ledger AR Ledgers Post the entries in the general journal above to the appropriate accounts in the accounts receivable ledger for Calderone Company Jim Garcia Date Jan 01, 20x1 ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER John Gibrone Credit Balance Date Debit Jan 01 20x1 Debit Credit Balance June Lin Date Jan 1, 20X1 Debit Credit Balance
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