ON THE JOB SMITH COMPUTER CENTER

Solve problems ON the JOB Smith Computer Center $($Page$,347)$ on text book. To assist you in recording these transactions for the month of January, at the end of this problem is the schedule of accounts receivable as of December $31$ and an updated chart of accounts with the current balance listed for each account.

$-$Journalize the transactions.

$-$Record in the accounts receivable subsidiary ledger and post to the general ledger as appropriate. A partial subsidiary ledger is included in the working papers that accompany this text. The following accounts have been added to the chart of accounts: Sales #$4010,$ Sales Returns and Allowances #$4020,$ and Sales Discounts #$4030.$

$-$Prepare a schedule of accounts receivable as of January $31,201$X