Exercise 7-10 Posting to subsidiary ledger accounts; preparing a schedule of accounts receivable LO P2 At the end of May, the sales journal of Mountain View appears as follows. Assume beginning inventory balance for May to be $6,306 Accounts Receivable Dr Sales Cr 2, 190 1, 250 556 Cost of Goods Sold Dr Account Invoice Date PR Debited Number Inventory Cr. 1, 664 1, 031 May 6 10 Aaron Reckers 190 Sara Reed 191 Anna Page Sara Reed 17 192 327 25 193 222 131 Totals 4, 218 3, 153 31 Mountain View also recorded the return of defective merchandise with the following entry. General Joumal Debit Date Credit Sales Returns and Allowances May 20 375 Accounts Receivable-Anna Page 375 Customer retuned (worthless) merchandi se. Required: 1. Post to the customer accounts the entries in the sales journal and any portion of the general journal entry that affects a customer's account 2. Post the sales journal and any portion of the general journal entry that affects these accounts. 3. Prepare a schedule of accounts receivable. Required 1 Required 2 Required 3 Post to the customer accounts the entries in the sales journal and any portion of the general journal entry that affects a customer's account. ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER Anna Page Credit Date Debit Balance Sara Reed Date Debit Credit Balance Aaron Reckers Debit Credit Date Balance Required 1 Required 2 Required 3 Post the sales journal and any portion of the general journal entry that affects these accounts. GENERAL LEDGER Accounts Receivable Debit Credit Date Balance Sales Debit Date Credit Balance Sales Returns and Allowances Date Debit Credit Balance Inventory Date Debit Credit Balance Beginning Inventory Cost of Goods Sold Date Debit Credit Balance Required 1 Required 2 Required 3 Prepare a schedule of accounts receivable. MOUNTAIN VIEW Schedule of Accounts Receivable May 31 Anna Page Sara Reed Aaron Reckers Total accounts receivable 0 E