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Please Help! I'd really like to see how this is done. Any help would be very much appreciated. Thank you! Following is information from Fredrickson
Please Help! I'd really like to see how this is done. Any help would be very much appreciated. Thank you!
Following is information from Fredrickson Company for its initial month of business. |
Credit Sales | Cash Collections | |||||||
Jan. 10 | Stern Company | $ | 4,000 | Jan. 20 | Stern Company | $ | 2,000 | |
19 | Diaz Brothers | 1,600 | 28 | Diaz Brothers | 1,600 | |||
23 | Rex Company | 2,500 | 31 | Rex Company | 1,300 | |||
1. | Journalize the above transactions in the accounts receivable subsidiary ledger.
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