Question 2 of 8 < > -/1 E 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: Cash receipts journal: General journal: Sales to Sogard $800, to Hurley $1,260, to Giambi $1,330, and to Fowler $1,600. Cash received from Fowler $1,310, from Sogard $3,300, from Giambi $380, from Andino $1,800, and from Hurley $1,240. An allowance is granted to Sogard $220. (a) Set up control and subsidiary accounts and enter the beginning balances. Accounts Receivable Date Explanation Ref. Debit Sept. 1 Balance V 1,600 Credit Accounts Receivable Subsidiary Ledger Fowler Date Explanation Ref. Debit Sept. 1 Balance V Sogard Date Explanation Ref. Sept. 1 Balance V Debit 1,600 800 Credit Credit 1,310 1,310 3,300 Balance Balance Balance 2,350 2,350 Fowler Date Explanation Ref. Debit Credit Balance Sept. 1 Balance 1,600 1,310 Sogard Date Explanation Ref. Debit Credit Balance Sept. 1 Balance 800 3,300 Giambi Date Explanation Ref. Debit Credit Sept. 1 Balance Balance I Andino Date Explanation Ref. Debit Credit Balance Sept. 1 Balance Hurley Date Explanation Ref. Debit Credit Balance Sept. 1 Balance 2,350