can you tell me if i am missing something? Exercise $7\mathrm{.}9($Algo$)$ Posting to the general ledger and the accounts receivable ledger. LO $7-4$

Assume the following account balances at January $1,20$X$1$:

Accounts Receivable $($control account$)$ $ $8,160$

Accounts Receivable$$John Gibrone $5,000$

Accounts Receivable$$Jim Garcia $2,120$

Accounts Receivable$$June Lin $1,040$

GENERAL JOURNAL

DATE DESCRIPTION POST.

REF. DEBIT CREDIT

$20$X$1$

Jan. $8$ Cash $500$

Accounts Receivable$/$John Gibrone $500$

Received partial payment on

account from John Gibrone

$20$ Sales Returns and Allowances $300$

Sales Tax Payable $24$

Accounts Receivable$/$Jim Garcia $324$

Accept return of defective

merchandise, Credit

Memorandum $121$; original sale

made on Sales Slip $11102$ of

January $2,20$X$1$

Required:

Post the entries in the general journal above to the Accounts Receivable account in the general ledger and to the appropriate accounts in the accounts receivable ledger for Calderone Company.ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER