Selected accounts of Kamal Companys chart of accounts are: 101 Cash, 401 Sales, 112 Accounts Receivable, 414 Sales Discounts, 120 Merchandise Inventory, 505 Cost of Goods Sold, 301 Kamal, Capital. The customers balances in accounts receivable ledger of Kamal Company on June 1 were: Moosa & Sons $20799, Chachar & Co. $16126, Chand Khan Bros. $14260, Mahmood Bros. $11625. The June transactions involving the receipt of cash were as follows. 1-Jun The owner, Kamal, invested additional cash $68727 in the business 3-Jun Received check in full from Mahmood Bros. less cash discount 2.4% 6-Jun Received check in full from Chachar & Co. less cash discount 2% 7-Jun Made cash sales of merchandise totaling $50036. The cost of the merchandise sold was $28516. 9-Jun Received check in full from Moosa & Son less cash discount 2.7% 11-Jun Received cash refund from a supplier for damaged merchandise $2587, 15-Jun Made cash sales of merchandise totaling $37378. The cost of the merchandise sold was $23025. 20-Jun Received check in full from Chand Khan Bros. Instructions:

(a) What was the beginning balance in Account Receivable control account

(b) Journalize the transactions above in a six-column cash receipts journal with columns for Cash Dr., Sales Discounts Dr., Accounts Receivable Cr., Sales Cr., Other Accounts Cr., and Cost of Goods Sold Dr./Merchandise Inventory Cr. Foot and cross foot the journal.

(c) Insert the beginning balances in the Accounts Receivable control and subsidiary accounts, and post the June transactions to these accounts. Use three columnar account format.

(d) Prove the agreement of the control account and subsidiary account balances