Revenue and cash receipts journals; accounts receivable subsidiary and general ledgers

Transactions related to revenue and cash receipts completed by Crowne Business Services Co. during the period April 230 are as follows:

Apr. 2.		Issued Invoice No. 793 to Ohr Co., $4,950.
Apr. 5.		Received cash from Mendez Co. for the balance owed on its account.
Apr. 6.		Issued Invoice No. 794 to Pinecrest Co., $1,780.
Apr. 13.		Issued Invoice No. 795 to Shilo Co., $2,650.
		Post revenue and collections to the accounts receivable subsidiary ledger.
Apr. 15.		Received cash from Pinecrest Co. for the balance owed on April 1.
Apr. 16.		Issued Invoice No. 796 to Pinecrest Co., $5,540. Post revenue and collections to the accounts receivable subsidiary ledger.
Apr. 19.		Received cash from Ohr Co. for the balance due on invoice of April 2.
Apr. 20.		Received cash from Pinecrest Co. for balance due on invoice of April 6.
Apr. 22.		Issued Invoice No. 797 to Mendez Co., $7,300.
Apr. 25.		Received $2,020 note receivable in partial settlement of the balance due on the Shilo Co. account.
Apr. 30.		Received cash from fees earned, $12,460. Post revenue and collections to the accounts receivable subsidiary ledger.

Required:

1. Insert the following balances in the general ledger as of April 1:

11	Cash	$11,340
12	Accounts Receivable	13,810
14	Notes Receivable	6,010
41	Fees Earned	-

2. Insert the following balances in the accounts receivable subsidiary ledger as of April 1:

Mendez Co.	$7,940
Ohr Co.	-
Pinecrest Co.	5,870
Shilo Co.	-

After completing the recording of the transactions in the journals in part 3, post to the accounts receivable subsidiary ledger in chronological order, and insert the balances at the points indicated in the narrative of transactions. Determine the balance in the customer's account before recording a cash receipt. If an amount box does not require an entry, leave it blank. In CNOW, Journal pages begin with J, Cash Receipts begin with CR and Revenue Journal begins with R. For example Journal/ Cash Receipts/ Revenue Journal, page 1/36/40 respectively. POST. REF. is simply J1, CR36, and R40.

ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER
Date	Item	Post. Ref.	Debit	Credit	Balance
Account: Mendez Co.
Apr. 1	Balance		fill in the blank 55	fill in the blank 56	fill in the blank 57
Apr. 5Apr. 6Apr. 7Apr. 8Apr. 22		fill in the blank 59	fill in the blank 60	fill in the blank 61	fill in the blank 62
Apr. 15Apr. 16Apr. 17Apr. 20Apr. 22		fill in the blank 64	fill in the blank 65	fill in the blank 66	fill in the blank 67
Account: Ohr Co.
Apr. 2Apr. 6Apr. 7Apr. 11Apr. 20		fill in the blank 69	fill in the blank 70	fill in the blank 71	fill in the blank 72
Apr. 12Apr. 16Apr. 17Apr. 19Apr. 20		fill in the blank 74	fill in the blank 75	fill in the blank 76	fill in the blank 77
Account: Pinecrest Co.
Apr. 1	Balance		fill in the blank 78	fill in the blank 79	fill in the blank 80
Apr. 2Apr. 6Apr. 7Apr. 9Apr. 15		fill in the blank 82	fill in the blank 83	fill in the blank 84	fill in the blank 85
Apr. 12Apr. 15Apr. 16Apr. 17Apr. 19		fill in the blank 87	fill in the blank 88	fill in the blank 89	fill in the blank 90
Apr. 12Apr. 16Apr. 17Apr. 19Apr. 20		fill in the blank 92	fill in the blank 93	fill in the blank 94	fill in the blank 95
Apr. 12Apr. 16Apr. 17Apr. 20Apr. 25		fill in the blank 97	fill in the blank 98	fill in the blank 99	fill in the blank 100
Account: Shilo Co.
Apr. 12Apr. 13Apr. 17Apr. 19Apr. 20		fill in the blank 102	fill in the blank 103	fill in the blank 104	fill in the blank 105
Apr. 12Apr. 16Apr. 19Apr. 22Apr. 25		fill in the blank 107	fill in the blank 108	fill in the blank 109	fill in the blank 110