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Revenue Journal: accounts recelvable subsidlary and general ledgers PR F-1 Comenius Learning Centers was established on May 20 to provide educational services The services provided

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Revenue Journal: accounts recelvable subsidlary and general ledgers PR F-1 Comenius Learning Centers was established on May 20 to provide educational services The services provided during the remainder of the month are as follows: es May 21. Issued Invoice No. 1 to J. Dunlop for $90 on account. 22. Issued Invoice No. 2 to K. Tisdale for $320 on account. 24. Issued Invoice No. 3 to T. Patrick for $75 on account. 25. Provided educational services, $200, to K. Tisdale in exchange for educational supplies. 27. Issued Invoice No. 4 to F. Mintz for $190 on account. 30. Issued Invoice No. 5 to D. Chase for $145 on account. 30. Issued Invoice No. 6 to K. Tisdale for $115 on account. 31. Issued Invoice No. 7 to T. Patrick for $85 on account. I Tutioize tihe transactions for Masy, using a single colum wevenus 1. Journalize the transactions for May, using a single-column revenue journal and a two-column general journal. Post to the following customer accounts in the accounts 15 / 19 31. Issued Invoice No. 7 to T. Patrick for $85 on account Instructions 1. Journalize the transactions for May, using a single-column revenue journal and a two-column general journal. Post to the following customer accounts in the accounts receivable ledger, and insert the balance immediately after recording each entry: D Chase; J. Dunlop; F. Mintz; T. Patrick; 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 Earned 3. a. What is the sum of the balances of the customer accounts in the subsidiary ledger at May 31? b. What is the balance of the accounts receivable controlling account at May 312 4. Assume Comenius Learning Centers began using a computerized accounting system to record the sales transactions on June 1. What are some of the benefits of the com- puterized system over the manual system? PRF-2 Revenue and cash recelpts Journals; accounts recelvable subsidlary and general ledgers

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