Revenue and Cash Receipts Joumas Lasting Summer Inc. has $1,980 in the October 1 balance of the accounts receivable account consisting of $910 from Champion Co, and $1,070 from Wayfarer Co. Transactions related to revenue and cash receipts completed by Lasting Summer Inc. during the month of October 2015 are as follows: Issued Invoice No. 622 for services provided to Palace Corp $2,080 Received cash from Champion Co., on account, for $910. Oct. 3 5. 8. Issued Invoice No. 623 for services provided to Sunny Style Inc. $3.580. 12. Receved cash from Wayfarer Co., on account, for $1,070. 18. Issued Invoice No. 624 for services provided to Amex Services Inc. $2,510. Received cash from Palace Corp. for Invoice No. 622 of October 3. 23 28 Issued Invoice No. 625 to Wayfarer Co., on account, for $2.120 30 Received cash from Rogers Co. for services provided, $80. a. Prepare a single-column in Journal to record these transactions. Enter transactions in chronological order. REVENUE JOURNAL PAGE 19 Accounts Rec. Dr. Fees Earned Cr. DATE Invoice No. Account Debited Post. Ref. 2075 REVENUE JOURNAL PAGE 19 Accounts Rec. Dr. Fees Earned Cr. DATE Invoice No. Account Debited Post. Ref. 2015 llll COULE Total Prepare a cash receipts journal to record these transactions. If an amount box does not require an entry, leave it blank. CASH RECEIPTS JOURNAL DATE Account Credited Post. Rel. Fees Earned Cr. Accounts Rec. Cr. PAGE 25 Cash Dr. 2015 IN CASH RECEIPTS JOURNAL PAGE 25 DATE Account Credited Post. Rel. Fees Earned Cr. Accounts Rec. Cr. Cash Dr. 2015 Oct 31 Total b. Prepare a listing of the accounts receivable customer balances and verify that the total of the accounts receivable customer balances equals the balance of the accounts receivable controlling account on October 31, 2045 Lasting Summer Inc. Accounts Receivable Customer Balances October 31, 2045 Amex Services Inc Sunny Style Inc. Wayfarer Co. Total accounts receivable Od. 31 Total 6. Prepare a listing of the accounts recevable customer balances and verify that the total of the accounts receivable customer balances equals the balance of the accounts receivable controlling account on October 31, 2045, Lasting Summer Inc Accounts Receivable Customer Balances October 31, 2045 Amex Services Inc. Sunny Style Inc Wayfarer Co Total accounts receivable G Casting Summer Inc. uses a subsidiary ledger for accounts receivable for all of the following reasons EXCEPT Check My Work