On 1 May, the accounts receivable subsidiary ledger of Gerome Ltd had the following balances: Jackson Ltd $7,580 and PCW Ltd $7,860.

The following transactions occurred during May:

2 May Sold goods on credit to PCW Ltd for $1,700.

4 May Sold goods on credit to Garden Supplies for $550.

10 May Received cash from Garden Supplies $550.

14 May Sold goods on credit to Jackson Ltd for $1,500.

22 May PCW Ltd paid in full and received $260 discount allowed.

Required: (ignore GST and COGS for this question)

Enter the opening balances and post the transactions to the control and subsidiary ledger accounts.

Gerome Ltd

Accounts Receivable Control Account

Date	Account	Debit	Credit	Balance

Accounts Receivable Subsidiary Ledger

Jackson Ltd

Date	Account	Debit	Credit	Balance

Garden Supplies

Date	Account	Debit	Credit	Balance

PCW Ltd

Date	Account	Debit	Credit	Balance