Post the transactions from each journal provided, Sales, Cash Receipts and General, into the appropriate customer accounts in the Accounts Receivable Subsidiary ledger. Each journal. ACCOUNTSSALES TAXSALEPOST.RECEIVABLESALESPAYABLEDATEACCOUNT DEBITEDNO.REF.DEBITCREDITCREDIT1 Feb5 Andrews Career Center11567.10530.0037.10110 Montgomery Inc.20 Baywood Technologies212428.00400.0028.00 || 2313802.50750.0052.50344•..EFHJGENERAL JOURNALPAGE 21DOC.POST.GENERALDATEACCOUNT TITLENO.REF.DEBITCREDIT20 Sales Returns and AllowancesSales Tax PayableAccounts Receivable/Baywood TechnologiesFebСМЗ90.006.3096.3025 Sales Returns and AllowancesСМ4112.00Sales Tax PayableAccounts Receivable/Montgomery Inc.7.84119.84...вDEGHKLMNCASH RECEIPTS JOURNALPAGE 2247ACCOUNTSSALESDOC.POST.GENERALRECEIVABLESALESSALES TAX PAYABLEDISCOUNTCASHDATEACCOUNT TITLENO.REF.DEBITCREDITCREDITCREDITDEBITCREDITDEBITDEBIT1 Feb4 Andrews Career CenterR321,300.001,300.001.17 Baywood Technologies29 Montgomery Inc.2R333,000.004.3560.002,935.65 23R34890.00890,003445566PIC COLL AGEPost the transactions that affect customers. ll cricket5:01 PM9%A BEH1CUSTOMERCUSTOMER NO.4POST.DEBIT5DATEITEMREF.DEBITCREDITBALANCE78111213CUSTOMER Baywood Technologies14CUSTOMER NO.12016POST.DEBIT17DATEITEMREF.DEBITCREDITBALANCE19Feb1 Balanceü3,870.0020212223242526CUSTOMER Montgomery Inc.CUSTOMER NO.13028POST.DEBIT29DATEITEMREF.DEBITCREDITBALANCE31Feb1 Balanceü890.0032333435363738402.10

Ledgers - After recording transactions in the journal next step is to transfer them into ledgers.…

ACCOUNTS SALES TAX SALE POST. RECEIVABLE SALES PAYABLE DATE ACCOUNT DEBITED NO. REF. DEBIT CREDIT CREDIT 1Feb 5 Andrews Career Center 11 567.10 530.00 37.10 10 Montgomery Inc. 20 Baywood Technologies 12 428.00 400.00 28.00 3 13 802.50 750.00 52.50 4 C D E F G J GENERAL JOURNAL PAGE 2 1 DOC. POST. GENERAL DATE ACCOUNT TITLE NO. REF. DEBIT CREDIT 20 Sales Returns and Allowances Sales Tax Payable Accounts Receivable/Baywood Technologies Feb СМЗ 90.00 6.30 96.30 25 Sales Returns and Allowances СМ4 112.00 Sales Tax Payable Accounts Receivable/Montgomery Inc. 7.84 119.84 D G H J K L M CASH RECEIPTS JOURNAL PAGE 2 3 4. 7 ACCOUNTS SALES DOC. POST. GENERAL RECEIVABLE SALES SALES TAX PAYABLE DISCOUNT CASH DATE ACCOUNT TITLE NO. REF. DEBIT CREDIT CREDIT CREDIT DEBIT CREDIT DEBIT DEBIT 1 Feb 4 Andrews Career Center 17 Baywood Technologies 29 Montgomery Inc. R32 1,300.00 1.300.00 1 R33 3,000.00 4.35 60.00 2,935.65 2 3 R34 890,00 890,00 4 5 PIC COLL AGE Post the transactions that affect customers.

ACCOUNTS SALES TAX SALE POST. RECEIVABLE SALES PAYABLE DATE ACCOUNT DEBITED NO. REF. DEBIT CREDIT CREDIT 1Feb 5 Andrews Career Center 11 567.10 530.00 37.10 10 Montgomery Inc. 20 Baywood Technologies 12 428.00 400.00 28.00 3 13 802.50 750.00 52.50 4 C D E F G J GENERAL JOURNAL PAGE 2 1 DOC. POST. GENERAL DATE ACCOUNT TITLE NO. REF. DEBIT CREDIT 20 Sales Returns and Allowances Sales Tax Payable Accounts Receivable/Baywood Technologies Feb СМЗ 90.00 6.30 96.30 25 Sales Returns and Allowances СМ4 112.00 Sales Tax Payable Accounts Receivable/Montgomery Inc. 7.84 119.84 D G H J K L M CASH RECEIPTS JOURNAL PAGE 2 3 4. 7 ACCOUNTS SALES DOC. POST. GENERAL RECEIVABLE SALES SALES TAX PAYABLE DISCOUNT CASH DATE ACCOUNT TITLE NO. REF. DEBIT CREDIT CREDIT CREDIT DEBIT CREDIT DEBIT DEBIT 1 Feb 4 Andrews Career Center 17 Baywood Technologies 29 Montgomery Inc. R32 1,300.00 1.300.00 1 R33 3,000.00 4.35 60.00 2,935.65 2 3 R34 890,00 890,00 4 5 PIC COLL AGE Post the transactions that affect customers.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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