Sales Journal

Question

Edmonton. The following transactions occurred in June:

$\backslash$table$[[20x>,,],[$June$,1,\backslash$table$[[$Sold merchandise to Joe Kase Co$.$ on account, $$400,$ invoice No$.702.$ Cost of inventory was$],[$$$280.]]],[4,\backslash$table$[[$Sold merchandise to Sue Moore Co$.$ on account, $$600,$ invoice No$.703.$ Cost of inventory was$],[$$$420.]]],[8,$Sold merchandise to Long Co$.$ on account, $$700,$ invoice No$.704.$ Cost of inventory was $$490.],[11,\backslash$table$[[$Issued credit memorandum No$.34$ to Joe Kase Co$.$ for $$150$ worth of grocery merchandise$],[$returned because of spoilage. Cost of inventory was $$105.]]],[15,\backslash$table$[[$Sold merchandise to Sue Moore Co$.$ on account, $$180,$ invoice No$.705.$ Cost of inventory was$],[$$$126.]]],[18,$Sold merchandise to Long Co$.$ on account, $$300,$ invoice No$.706.$ Cost of inventory was $$210.],[25,\backslash$table$[[$Sold merchandise to Joe Kase Co$.$ on account, $$1,200,$ invoice No$.707.$ Cost of inventory was$],[$$$840.]]]]$

Required

a$.$ Using Problem $6-2$A Worksheet, journalize the transactions in the appropriate journals.

b$.$ Record in the accounts receivable subsidiary ledger.

c$.$ Prepare a schedule of accounts receivable.