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 J. Dunlop for $175 on account. July 22. Issued Invoice No. 2 to K. Tisdale for $750 on account. July 24. Issued Invoice No. 3 to T. Quinn for $160 on account. July 25. Provided educational services, $295, to K. Tisdale in exchange for educational supplies. July 27. Issued Invoice No. 4 to F. Mintz for $440 on account. July 30. Issued Invoice No. 5 to D. Chase for $395 on account. July 30. Issued Invoice No. 6 to K. Tisdale for $310 on account. July 31. Issued Invoice No. 7 to T. Quinn for $205 on account. Required: 1a. Journalize the transactions (in chronological order) for July, using a single-column revenue journal.

1b. Journalize (including the date) and post the appropriate transaction for July, in the two-column general journal. If an amount box does not require an entry, leave it blank. Posting references will be recorded in part 2.

1c. 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. Quinn; K. Tisdale.

If an amount box does not require an entry, leave it blank. In CNOW, Journal pages begin with J and Revenue Journal begin with R. For example Journal/ Revenue Journal, page 1/1 respectively. POST. REF. is simply J1 and R1.

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

If an amount box does not require an entry, leave it blank. In CNOW, Journal pages begin with J and Revenue Journal begin with R. For example Journal/ Revenue Journal, page 1/1 respectively. POST. REF. is simply J1 and R1.

3a. What is the sum of the balances of the customer accounts in the subsidiary ledger at July 31? $fill in the blank 101

3b. What is the balance of the accounts receivable controlling account at July 31?