The revenue and cash receipts journals for Mirage Productions Inc. follow. The accounts receivable control account has

Question:

The revenue and cash receipts journals for Mirage Productions Inc. follow. The control account has a August 1, 2016, balance of $4,230 consisting of an amount due from Celestial Studios Inc.

Prepare a listing of the accounts receivable customer balances and verify that the total agrees with the ending balance of the accounts receivable controlling account.

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...