From the following, prepare a schedule of accounts receivable for Blue Co. for May 31, 2018. Accounts

Question:

From the following, prepare a schedule of accounts receivable for Blue Co. for May 31, 2018.

Accounts Receivable Subsidiary Ledger General Ledger Bon Co. Accounts Receivable 5/6 SJ1 105 5/31 SJ1 252 5/31 CRJ1 21 Peke Co. 5/20 SJ1 63 21 5/27 CRJ1 Green Co. 5/8 SJ1 84

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...

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