FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Following is information from Fredrickson Company for its first month of business.
Cash Collections
Jan. 20 Stern Company
28 Diaz Brothers
31 Rex Company
Credit Sales
Jan. 10 Stern Company
19 Diaz Brothers
23 Rex Company
$4,200
1,700
2,650
1. Journalize the above transactions in the accounts receivable subsidiary ledger.
2. Journalize the accounts receivable balance listed in the general ledger at month's end.
Required 1 Required 2
Complete this question by entering your answers in the tabs below.
Date
Journalize the accounts receivable balance listed in the general ledger at month's end.
GENERAL LEDGER
Accour Receivable
Debit
$ 2,100
1,700
1,378
Credit
< Required 1
Balance
Required 2 >
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Transcribed Image Text:Following is information from Fredrickson Company for its first month of business. Cash Collections Jan. 20 Stern Company 28 Diaz Brothers 31 Rex Company Credit Sales Jan. 10 Stern Company 19 Diaz Brothers 23 Rex Company $4,200 1,700 2,650 1. Journalize the above transactions in the accounts receivable subsidiary ledger. 2. Journalize the accounts receivable balance listed in the general ledger at month's end. Required 1 Required 2 Complete this question by entering your answers in the tabs below. Date Journalize the accounts receivable balance listed in the general ledger at month's end. GENERAL LEDGER Accour Receivable Debit $ 2,100 1,700 1,378 Credit < Required 1 Balance Required 2 >
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