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Following is information from Fredrickson Company for its initial month of business. Credit Sales Cash Collections Jan. 10 Stern Company $ 8,400 Jan. 20 Stern
Following is information from Fredrickson Company for its initial month of business. |
Credit Sales | Cash Collections | |||||||
Jan. 10 | Stern Company | $ | 8,400 | Jan. 20 | Stern Company | $ | 4,200 | |
19 | Diaz Brothers | 3,800 | 28 | Diaz Brothers | 3,800 | |||
23 | Rex Company | 5,800 | 31 | Rex Company | 3,016 |
1. | Journalize the above transactions in the accounts receivable subsidiary ledger. |
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