Prepare three ledger account forms like the one in Exhibit 9 for the following accounts: Cash (111),

Question:

Prepare three ledger account forms like the one in Exhibit 9 for the following accounts: Cash (111), (113), and Service Revenue (411). Post the transactions that are recorded in SE8 to the ledger accounts for 2014, at the same time making the proper posting references. Also prepare a trial balance.
In SE8, Prepare a general journal form like the one in Exhibit 8 and label it Page 4. Record the following transactions in the journal:
Sept. 6 Billed a customer for services performed, $3,800.
16 Received partial payment from the customer billed on September 6, $1,800.

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...