Schedule of Accounts Receivable Assignment | Top Universities

Preparing a schedule of accounts receivable. LO 7-5 Post the entries in the general journal below to the Accounts Receivable account in the general ledger and to the appropriate accounts in the accounts receivable ledger for Calderone Company. Assume the following account balances at January 1, 2019: Accounts Receivable (control $9,840 account Accounts Receivable-John 6,400 Gibrone Accounts Receivable-Jim Garcia 2,260 Accounts Receivable-June Lin 1,180

GENERAL JOURNAL POST DESCRIPTION REF DEBIT CREDIT DATE 2019 640 Jan. 8 Cash Accounts Receivable/John 640 Gibrone Received partial payment on account from John Gibrone Sales Returns and 20 Allowances 200 Sales Tax Payable Accounts Receivable/Jim Garcia 16 216 Accept return of defective merchandise, Credit Memorandum 121; original sale made on Sales Slip 11102 of December 27, 2018, 1. Prepare a schedule of accounts receivable for Calderone Company on January 31, 2019. 2. Should the total of your accounts receivable schedule agree with the balance of the Accounts Receivable account in the general ledger on January 31, 2019? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of accounts receivable for Calderone Company on January 31, 2019. CALDERONE COMPANY Schedule of Accounts Receivable January 31,2019 Total $ 0 Required 1 Required 2 > Complete this question by entering your answers in the tabs below. Required 2 Required 1 Should the total of your accounts receivable schedule agree with the balance of the Accounts Receivable account in the general ledger at January 31, 2019? The total of your accounts receivable schedule agrees with the balance of the Accounts Receivable account. Get Accounting homework help today