E$7\mathrm{.}3($LO $2,3)$ On September $1,$ the balance of the Accounts Receivable control account in the general ledger of Montgomery Company was $$10,960.$ The customers$$ subsidiary ledger contained account balances as follows: Hurley $$1,440,$ Andino $$2,640,$ Fowler $$2,060,$ and Sogard $$4,820.$ At the end of September, the various journals contained the following information.

Sales journal: Sales to Sogard $$800,$ to Hurley $$1,260,$ to Giambi $$1,330,$ and to Fowler $$1,600.$

Cash receipts journal: Cash received from Fowler $$1,310,$ from Sogard $$3,300,$ from Giambi $$380,$ from Andino $$1,800,$ and from Hurley $$1,240.$

General journal: An allowance is granted to Sogard $$220.$

Instructions

a$.$ Set up control and subsidiary accounts and enter the beginning balances. Do not construct the journals.

b$.$ Post the various journals. Post the items as individual items or as totals, whichever would be the appropriate procedure. $($No sales discounts given.$)$

c$.$ Prepare a schedule of accounts receivable and prove the agreement of the controlling account with the subsidiary ledger at September $30,2020.$