On September 1, the balance of the Accounts Receivable control account in the general ledger...
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On September 1, the balance of the Accounts Receivable control account in the general ledger of Ivanhoe Company was $10,790. The customers' subsidiary ledger contained account balances as follows: Hurley $1,320, Andino $2,710, Fowler $2,020, and Sogard $4,740. At the end of September, the various journals contained the following information Sales Journal: Sales to Sogard $840. to Hurley $1,130, to Giambi $1.390, and to Fowler $1.210. Cash receipts Cash received from Fowler $1.370, from Sogard $2,300, from Giambi $280, from Andino $1.770. and journal: from Hurley $1,100. General Journal: An allowance is granted to Sogard $320. (a) Balance Balance Balance Set up control and subsidiary accounts and enter the beginning balances. Accounts Receivable Date Explanation Ref. Debit Credit Sept. 1 Balance Accounts Receivable Subsidiary Ledger Fowler Date Explanation Ref. Debit Credit Sept. 1 Balance Sogard Date Explanation Ref. Debit Credit Sept. Balance Giambi Date Explanation Ref. Debit Credit Sept. 1 Balance Andino Date Explanation Ref. Debit Credit Sept. 1 Balance Hurley Date Explanation Ref. Debit Credit Sept. 1 Balance Balance Balance Balance e Textbook and Media Save for Later Attempts: 0 of 3 used Submit
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