ON THE J0B SMITH COMPUTER CENTER so assist you in recording these transactions for the month of January, at the end of the schedule of accounts receivable as of December 31 and an updated this prob of accounts with the current balance listed for each account Assignment 1. Journalize the transactions Record in the accounts receivable subsidiary ledger and post to the general led- ger as appropriate. A partial subsidiary ledger is included in the working papers that accompany this text. The following accounts have been added to the chart of accounts: Sales #4010, Sales Returns and Allowances #4020, and Sales Discounts #4030. Prepare a schedule of accounts receivable as of January 31, 201x. The January transactions are as follows: 3. Sold $780 worth of merchandise to Phit's Photography on credit, sales invoice no. 5000; terms 3/10, n/30. Sold $3,600 worth of merchandise on account to Dr. Michael Turiono, sales invoice no. 5001; terms 3/10, n/30. Received $2,800 from All Star Sports, Inc., toward payment of its balance; no discoumt allowed. Collected $2,800 cash sales. Sold $4,500 worth of merchandise on account to Worldwide Professionals, sales invoice no. 5002; terms 2/10, n/30. Jan. 1 10 11 12 19 20 Collected balance in full from Dr. Michael Turiono, invoice no. 5001 29 Issued credit memorandum to Phit's Photography for $460 worth of merchandise returned invoice no. 5000. 29 Collected full payment from Worldwide Professionals, invoice no. 5002. Schedule of Accounts Receivable Smith Computer Center December 31, 201x Phil's Photography Worldwide Professionals All Star Sports, Inc. s 3,775.00 7,400.00 4,400.00 $15,575.00 Total Amount Due