Question
On September 1, the balance of the Accounts Receivable control account in the general ledger of Blossom Company was $9,800. The customers' subsidiary ledger
On September 1, the balance of the Accounts Receivable control account in the general ledger of Blossom Company was $9,800. The customers' subsidiary ledger contained account balances as follows: Hurley $1.200, Andino $2,200, Fowler $1,800, and Sogard $4,600. At the end of September, the various journals contained the following information. Sales journal: Cash receipts journal: General journal: Sales to Sogard $700, to Hurley $1,100, to Giambi $1,200, and to Fowler $1.000. Cash received from Fowler $1,200, from Sogard $2.100, from Giambi $200, from Andino $1,600, and from Hurley $1,000. An allowance is granted to Sogard $100.
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