Required:

$1-$a$.$ Enter the transactions of the Wiset Company that should be journalized in the sales journal.

$1-$b$.$ Enter the transactions of the Wiset Company that should be journalized in the cash receipts journal. The terms of all credit sales

are $\frac{2}{10},\frac{n}{30}.$

Enter the March $31$ balances for Cash $($$$97,000),$ Inventory $($$$180,000),$ Long$-$Term Notes Payable $($$$177,000),$ and B$.$ Wiset, Capital

$($$$100,000).$ Post the total amounts from the journal in the respective general ledger accounts.

Enter the March $31$ balances for Cash $($$$97,000),$ Inventory $($$$180,000),$ Long$-$Term Notes Payable $($$$177,000),$ and B$.$ Wiset, Capital

$($$$100,000).$ Post the total amounts from the journal in the respective accounts receivable subsidiary ledger accounts for Paula Kohr,

Page Alistair, and Nic Nelson.

$4-$a$.$ Prepare a trial balance of the general ledger accounts.

$4-$b$.$ Prebare a schedule of accounts receivable.