Post the entries in the general journal below to the Accounts Receivable account in the general ledger and to the appropriate accounts in the accounts receivable ledger for Calderone Company.

Assume the following account balances at January 1, 2019:

Accounts Receivable (control account)	$	9,120
Accounts ReceivableJohn Gibrone		5,800
Accounts ReceivableJim Garcia		2,200
Accounts ReceivableJune Lin		1,120

GENERAL JOURNAL

DATE

DESCRIPTION

POST. REF.

DEBIT

CREDIT

2019

Jan.

8

Cash

580

Accounts Receivable/John Gibrone

580

Received partial payment on

account from John Gibrone

20

Sales Returns and Allowances

200

Sales Tax Payable

16

Accounts Receivable/Jim Garcia

216

Accept return of defective

merchandise, Credit

Memorandum 121; original sale

made on Sales Slip 11102 of

December 27, 2018

1. Prepare a schedule of accounts receivable for Calderone Company at January 31, 2019.
2. Should the total of your accounts receivable schedule agree with the balance of the Accounts Receivable account in the general ledger at January 31, 2019?

Prepare a schedule of accounts receivable for Calderone Company at January 31, 2019.

CALDERONE COMPANY
Schedule of Accounts Receivable
January 31,2019
Total	$0

Should the total of your accounts receivable schedule agree with the balance of the Accounts Receivable account in the general ledger at January 31, 2019?

Total of your accounts receivable schedule agrees with the balance of the Accounts Receivable account