Revenue Journal; Accounts Receivable subsidiary and General Ledgers Sage Learning Centers was established on July 20 to provide educational services. The services provided during the remainder of the month are as follows July 21. Issued Invoice No. 1 to ). Dunlop for $90 on account. July 22. Issued Invoice No. 2 to K. Tisdale for $375 on account. July 24. Issued Invoice No. 3 to T. Quinn for $80 on account. July 25. Provided educational services, $145, K. Tisdale in exchange for educational supplies July 27. Issued Invoice No. 4 to F. Mintz for $220 on account. July 30. Issued Invoice No. 5 to D. Chase for $200 on account. July 30. Issued Invoice No. 6 to K. Tisdale for $155 on account. Issued Invoice No. 7 to T. Quinn for $105 on account. July 31. 1a. Journalize the transactions (in chronological order) for July, using a single-column revenue journal. If an amount box does not require an entry, leave it blank REVENUE JOURNAL PAGE 1 Invoice No. Post. Ref. Date Account Debited Aocts. Rec. Dr. Fees Earned Cr. 1b. Journalize (induding the date and post the appropriate transaction for July, in the two column general journal. If an amount box or not requile recorded in part 2 BOURNAL PAGE 1 Date Desolation Post. Rot. Dobit Credit 1. Post to the following customer accounts in the accounts receivable ledger, and insert the balance immediately after recording each entry: D. Chase; . Dunlop: f. Mint; T. Quinn: Tisdale For those boxes in which no entry is required, leave the box blank. ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER Item Post. Ref. Dr. Date Balance Name: D. Chase Name). Dunlop Name: T. Quinn Name: K. Tisdale 2. Post the revenue journal and the general journal to the following accounts in the general ledger, inserting the account balances only after the last postings: 12 Accounts Receivable 13 Supplies 41 Fees Eamed For those boxes in which no entry is required, leave the box blank. GENERAL LEDGER Balance Date Item Post. Ref. Account: Accounts Receivable #12 Account Supplies 13 Account Seamed 4 ccount: Fees Earned 241 3a. What is the sum of the balances of the customer accounts in the subsidiary ledger at July 312 $ 3b. What is the balance of the accounts receivable controlling account at July 31? 1. Assume Sage Learning Centers began using a computerized accounting system to record the sales transactions on August 1. All of the following are benefits of the computerized systemov manual system EXCEPT