ACCOUNTS RECEIVABLE LEDGERAccount Brandon ConnorsPostDateItemRef.DebitCreditBalanceMar.J123,652.0023,652.0010J223,652.000.0014J212,317.0012,317.00Account Collin DelucaPostDateItemRef.DebitCreditBalanceMar.10J21,401.001,401.0015J22,263.003,664.00Account Meghan DeutschPostDateItemRef.DebitCreditBalanceMar.J189.0089.0019J22,568.002,657.00Account Carmen PerezPost DateItemRef.DebitCreditBalanceMar.4J13,501.003,501.0014J23,501.000.0015J2219.00219.0029J32,366.002,585.00Account Ashley SmythPostDateItemRef.DebitCreditBalanceMar.4J11,139.001,139.008J11,423.002,562.0014J21,139.001,423.00Account Miles WeitzPostDateItemRef.DebitCreditBalanceMar.15J26,189.006,189.0022J36,189.000.00Jenn's Country StoreSchedule of Accounts ReceivableMarch 31, 20--

Schedule of accounts receivable is the list of customers required to pay the seller firm.

ACCOUNTS RECEIVABLE LEDGER Account Brandon Connors Post Date Item Ref. Debit Credit Balance Mar. 1 J1 23,652.00 23,652.00 10 2נ 23,652.00 0.00 14 J2 12,317.00 12,317.00 Account Collin Deluca Post Date Item Ref. Debit Credit Balance Mar. 10 J2 1,401.00 1,401.00 15 J2 2,263.00 3,664.00 Account Meghan Deutsch Post Date Item Ref. Debit Credit Balance Mar. J1 89.00 89.00 19 J2 2,568.00 2,657.00 Account Carmen Perez

ACCOUNTS RECEIVABLE LEDGER Account Brandon Connors Post Date Item Ref. Debit Credit Balance Mar. 1 J1 23,652.00 23,652.00 10 2נ 23,652.00 0.00 14 J2 12,317.00 12,317.00 Account Collin Deluca Post Date Item Ref. Debit Credit Balance Mar. 10 J2 1,401.00 1,401.00 15 J2 2,263.00 3,664.00 Account Meghan Deutsch Post Date Item Ref. Debit Credit Balance Mar. J1 89.00 89.00 19 J2 2,568.00 2,657.00 Account Carmen Perez

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter6: Cash And Receivables

Section: Chapter Questions

Problem 4RE: Refer to RE6-3. Assume Long records accounts receivable and sales using the net price method....

See similar textbooks

Similar questions

Before processing a batch of invoices, the accounts payable clerk sums the quantities billed. The sum obtained is best described as a(n): A. financial total B. grand total C. record count D. hash total E. cross-footing total
Consider the following information items as you respond to the question:i. Customer master fileii. Journal entry to record the receipt of cashiii. Pre-numbered documentsiv. Schedule of accounts receivableAccounting information systems have five generic elements. Which of the following statements is most true? A. "Pre-numbered documents" can be an example of three of the five elements. B. "Schedule of accounts receivable" can be an example of all five elements. C. Both "Pre-numbered documents" can be an example of three of the five elements and "Schedule of accounts receivable" can be an example of all five elements are true. D. Neither "Pre-numbered documents" can be an example of three of the five elements nor "Schedule of accounts receivable" can be an example of all five elements is true.
Receivables turnover of 11.33 means. Provide explanation please.
Refer to RE6-3. Assume Long records accounts receivable and sales using the net price method. Prepare the related journal entries for Long.
JOURNALIZING SALES RETURNS AND ALLOWANCES Enter the following transactions starting on page 60 of a general journal and post them to the appropriate general ledger and accounts receivable ledger accounts. Use account numbers as shown in the chapter. Beginning balance in Accounts Receivable is 3,900. Beginning balances in selected customer accounts are Adams, 850; Greene, 428; and Phillips, 1,018.
Match the following items with correct accounting treatment (A through C):
You just posted a debit to ABC Co. in the accounts receivable subsidiary ledger. Which special journal did it come from? A. sales journal B. cash receipts journal C. purchases journal D. cash disbursements journal E. general journal
Account for accountspayable and analyzeaccounts payableturnover
2. According to the list items below, tick (√) either the debit column or credit column based to which side of the trial balance you would expect the item to appear.Items DEBIT CREDITOffice EquipmentCreditorsInsuranceCashRent payableDebtorsSalesRent receivableDrawingsMotor vehiclesLoan from CUMB BhdCapitalWagesPremisesCarriage inwards
Compu/t/e the General Ledger, Account: Purchases Account: Sales returning allowance
How payables ledger works with double entry accounting
01 : - What are Accounts Receivable — AR ? - What are Importance of Accounts Receivable ?