The revenue journal for Evergreen Consulting Inc. is shown below. The accounts receivable controlling account has a May 1, 2014, balance of $505 consisting of an amount due from Aladdin Co. There were no collections during May.

a. Prepare a T account for the accounts receivable customer accounts.
b. Post the transactions from the revenue journal to the customer accounts, and determine their ending balances.
c. Prepare T accounts for the accounts receivable and fees earned accounts. Post control totals to the two accounts, and determine the ending balances.
d. Prepare a schedule of the customer account balances to verify the equality of the sum of the customer account balances and the accounts receivable controlling account balance.
e. How might a computerized system differ from a revenue journal in recording revenue transactions?

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REVENUE JOURNAL Page 12 Post. Ref Accts. Rec. Dr Fees Earned Cr Invoice Date 2014 May 4 No. Account Debited 1,670 2,870 1,140 3,150 8,830 9 31