Requirements

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

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) Accounts Receivable-John Gibrone Accounts Receivable-Jim Garcia Accounts Receivable-June Lin $9,360 6,000 2,220 1,140 GENERAL JOURNAL POST, DATE DESCRIPTION REF. DEBIT CREDIT 2019 Jan. 8 Cash 600 Accounts Receivable/John Gibrone Received partial payment on account from John Gibrone 600 20 Sales Returns and Allowances 100 Sales Tax Payable Accounts Receivable/Jim Garcia Accept return of defective merchandise, Credit Memorandum 121; original sale made on Sales Slip 11102 of December 27, 2018 108