Following is information from Fredrickson Company for its initial month of business:

	Credit Sales					Cash Collections
Jan. 10	Stern Company	$	4,000		Jan. 20	Stern Company	$	2,000
19	Diaz Brothers		1,600		28	Diaz Brothers		1,600
23	Rex Company		2,500		31	Rex Company		1,300

1.

Journalize the above transactions in the accounts receivable subsidiary ledger.

2.	Journalize the accounts receivable balance listed in the general ledger at month