Revenue and Cash Receipts Journals; Accounts Receivable subsidiary and General Ledgers Transactions related to revenue and cash receipts completed by Sterling Engineering Services during the period June 2-30 are as follows: June 2. Issued Invoice No. 717 to Yee Co., $1,430. 3. 7. 10. Received cash from Auto-Flex Co. for the balance owed on its account. Issued Invoice No. 718 to Cooper Development Co., $670 Issued Invoice No. 719 to Ridge Communities, $2,840. Post revenue and collections to the accounts receivable subsidiary ledger. 14. Received cash from Cooper Development Co. for the balance owed on June 1. 16. Issued Invoice No. 720 to Cooper Development Co., $400. Post revenue and collections to the accounts receivable subsidiary ledger. 18. Received cash from Yee Co. for the balance duen invoice of June 2. 20. Received cash from Cooper Development Co. for invoice of June 7. 23. Issued Invoice No. 721 to Auto-Flex Co., $860. 30. Received cash from fees earned, $4,520. 30. Received office equipment of $1,800 in partial settlement of balance due on the Ridge Communities account. Post revenue and collections to the accounts receivable subsidiary ledger. Required: GENERAL LEDGER Date Item Post. Ref. Debit Credit Balance Dr. Balance Cr. Account: Cash #11 June 1 Balance 11,530 June 30 8,710 x Account: Accounts Receivable #12 June 1 Balance June 30 June 30 June 30 Account: Office Equipment #18 June 1 Balance June 30 Account: Fees Earned $41 June 30 June 30 ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER Date Post. Item Debit Ref. Credit Balance Account: Auto-Flex Co. June 1 Balance X 8,710 June 3 June 21 x Account: Cooper Development Co. June 1 Balance June 3 X II IIIII 1: June 20 x Account: Ridge Communities 250 x REVENUE JOURNAL Date Involce No. Account Debited Post Ref. PAGE 40 Accounts Rec. Dr Fons Earned a June 2 June 7 Yee Co. Cooper Development Co. Ridge Communities June 10 June 16 Cooper Development Co. June 23 Auto-Flex Co. June 30 CASH RECEIPTS JOURNAL PAGE 36 POST Date Account Credited Fees Earned Cr. Accts. Rec. Cr. Cash Dr. Ref. Revenue and Cash Receipts Journals; Accounts Receivable subsidiary and General Ledgers Transactions related to revenue and cash receipts completed by Sterling Engineering Services during the period June 2-30 are as follows: June 2. Issued Invoice No. 717 to Yee Co., $1,430. 3. 7. 10. Received cash from Auto-Flex Co. for the balance owed on its account. Issued Invoice No. 718 to Cooper Development Co., $670 Issued Invoice No. 719 to Ridge Communities, $2,840. Post revenue and collections to the accounts receivable subsidiary ledger. 14. Received cash from Cooper Development Co. for the balance owed on June 1. 16. Issued Invoice No. 720 to Cooper Development Co., $400. Post revenue and collections to the accounts receivable subsidiary ledger. 18. Received cash from Yee Co. for the balance duen invoice of June 2. 20. Received cash from Cooper Development Co. for invoice of June 7. 23. Issued Invoice No. 721 to Auto-Flex Co., $860. 30. Received cash from fees earned, $4,520. 30. Received office equipment of $1,800 in partial settlement of balance due on the Ridge Communities account. Post revenue and collections to the accounts receivable subsidiary ledger. Required: GENERAL LEDGER Date Item Post. Ref. Debit Credit Balance Dr. Balance Cr. Account: Cash #11 June 1 Balance 11,530 June 30 8,710 x Account: Accounts Receivable #12 June 1 Balance June 30 June 30 June 30 Account: Office Equipment #18 June 1 Balance June 30 Account: Fees Earned $41 June 30 June 30 ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER Date Post. Item Debit Ref. Credit Balance Account: Auto-Flex Co. June 1 Balance X 8,710 June 3 June 21 x Account: Cooper Development Co. June 1 Balance June 3 X II IIIII 1: June 20 x Account: Ridge Communities 250 x REVENUE JOURNAL Date Involce No. Account Debited Post Ref. PAGE 40 Accounts Rec. Dr Fons Earned a June 2 June 7 Yee Co. Cooper Development Co. Ridge Communities June 10 June 16 Cooper Development Co. June 23 Auto-Flex Co. June 30 CASH RECEIPTS JOURNAL PAGE 36 POST Date Account Credited Fees Earned Cr. Accts. Rec. Cr. Cash Dr. Ref