From the following transactions for Andrew Co., journalize, record, post, and prepare a schedule of accounts receivable when appropriate. You will have to set up your own accounts receivable subsidiary ledger and partial general ledger as needed. All sales terms are 4/10, n/30.
Oct. 1 Andrew Albright invested $2,600 in the business.
1 Sold merchandise on account to Greenfield Co., invoice no. 1, $750.
2 Sold merchandise on account to Robert Co., invoice no. 2, $900.
3 Cash sale, $215.
8 Issued credit memorandum no. 1 to Greenfield Co. for defective merchandise, $150.
10 Received check from Greenfield Co. for invoice no. 1, less returns and discount.
15 Cash sale, $430.
18 Sold merchandise on account to Greenfield Co., invoice no. 3, $650.