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On September 1, the balance of the Accounts Receivable control account in the general ledger of Cullumber Company was $10,390. The customers' subsidiary ledger contained
On September 1, the balance of the Accounts Receivable control account in the general ledger of Cullumber Company was $10,390. The customers' subsidiary ledger contained account balances as follows: Hurley $1,320, Andino $2,360, Fowler $2,080, and Sogard $4,630. At the end of September, the various journals contained the following information. Sales journal: Sales to Sogard $740, to Hurley $1,160, to Giambi $1,370, and to Fowler $1,130. Cash receipts Cash received from Fowler $1,300, from Sogard $2,350, from Giambi $370, from Andino $1,810, and from journal: Hurley $1,320. General journal: An allowance is granted to Sogard $150.Set up control and subsidiary accounts and enter the beginning balances. Accounts Receivable Date Explanation Ref. Debit Credit Balance Sept. 1 Balance V Accounts Receivable Subsidiary Ledger Fowler Date Explanation Ref. Debit Credit Balance Sept. 1 Balance V Sogard Date Explanation Ref. Debit Credit Balance Sept. 1 Balance V Giambi Date Explanation Ref. Debit Credit Balance Sept. 1 Balance V Andino Date Explanation Ref. Debit Credit Balance Sept. 1 Balance V Hurley Date Explanation Ref. Debit Credit Balance Sept. 1 BalancePost the various journals, Post the items as individual items or as totals, whichever would be the appropriate procedure. (Mo discounts given.) Accounts Receivable Date Explanation Ref. Debit Credit Balance Sept. 1 Balance v 10,370 5 CR G Accounts Receivable Subsidiary Ledger Date Explanation Ref. Debit Credit Balance Sept. 1 Balance v 2,080 5 CR Date Explanation Ref. Debit Credit Balance Sept. 1 Balance v 4,630 5 CR Giambi Date Explanation Ref. Debit Credit Balance Sept. 1 0 S CR Andino Date Explanation Ref. Debit Credit Balance Sept. 1 Balance V 2,360 CR Hurley Date Explanation Ref. Debit Credit Balance Sept. 1 Balance V 1,320 S CRPrepare a schedule of accounts receivable and prove the agreement of the controlling account with the subsidiary ledger at September 30, 2022, W] T Schedule of Accounts Receivable PO e e e v 3 W W W W Total g Accounts Receivable %
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