Tresh Products uses both special journals and a general journal as described in this chapter. Tresh also
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Tresh Products uses both special journals and a general journal as described in this chapter. Tresh also posts customers? accounts in the accounts receivable subsidiary ledger. The postings for the most recent month are as follows.
InstructionsDetermine the correct amount of the end-of-month posting from the sales journal to the Accounts Receivable control account.
Transcribed Image Text:
Accounts Receivable Subsidiary Ledger Gehrke Estes Credit Balance Ref. Debit Ref. Debit Credit Balance Date Date Jan. 31 Jan. 31 340 150 Feb. 2 250 90 Feb. 5 150 200 290 290 15 20 290 Weiser Truong Ref. Ref. Debit Credit Balance Debit Credit Balance Date Date Jan. 31 Jan. 31 120 Feb. 10 145 145 Feb. 1 120 28 145 8. 190 190 14 150 340
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975 200 290 145 190 150 All of the debit postings to the subsidiary ledger accounts ...View the full answer
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Related Book For
College Accounting
ISBN: 1986
1st Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Deanna C. Martin, Jill E. Mitchell
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