Directions: On the Accounts Receivable Ledger worksheet use the blank form to open an account for a new customer, Andrews Career Center, their customer number is 110. The opening account balance for Andrews Career Center is 1,300.00. Use February 1 for the opening balance date. 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 has a separate worksheet. can vo u tell if a trancaction ffe Curtomer?

Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter2: Analyzing Transactions Into Debit And Credit Parts
Section: Chapter Questions
Problem 1CP
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59 PM Thu Dec 16
Copy of Module Nine Lesson Two Assignment One
A
C
D
H
J.
CUSTOMER
Andrews career center
CUSTOMER NO.
110
POST.
DEBIT
DATE
ITEM
REF.
DEBIT
CREDIT
BALANCE
Feb
1
1,300.00
CUSTOMERBaywood Technologies
CUSTOMER NO.
120
POST.
DEBIT
DATE
ITEM
REF.
DEBIT
CREDIT
BALANCE
Feb
1 Balance
ü
3,870.00
Transcribed Image Text:59 PM Thu Dec 16 Copy of Module Nine Lesson Two Assignment One A C D H J. CUSTOMER Andrews career center CUSTOMER NO. 110 POST. DEBIT DATE ITEM REF. DEBIT CREDIT BALANCE Feb 1 1,300.00 CUSTOMERBaywood Technologies CUSTOMER NO. 120 POST. DEBIT DATE ITEM REF. DEBIT CREDIT BALANCE Feb 1 Balance ü 3,870.00
You can also right-click either navigation arrow to open a dialog box that lists all of the worksheets in the workbook.
7
Directions:
8
On the Accounts Receivable Ledger worksheet use the blank form to open an account for a new customer, Andrews Career Center, their customer number is 110.
The opening account balance for Andrews Career Center is 1,300.00. Use February 1 for the opening balance date.
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 has a separate worksheet.
9
10
HINTS: the Accounts Receivable Subsidiary Ledger deals with customers only so only post the amounts that affect a customer. How can you tell if a transaction affects a customer?
11
See if the journal transaction identifies a customer by name. If it does you need to determine if the amount is a debit or credit. How can you tell? Look at column heading, it will
Transcribed Image Text:You can also right-click either navigation arrow to open a dialog box that lists all of the worksheets in the workbook. 7 Directions: 8 On the Accounts Receivable Ledger worksheet use the blank form to open an account for a new customer, Andrews Career Center, their customer number is 110. The opening account balance for Andrews Career Center is 1,300.00. Use February 1 for the opening balance date. 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 has a separate worksheet. 9 10 HINTS: the Accounts Receivable Subsidiary Ledger deals with customers only so only post the amounts that affect a customer. How can you tell if a transaction affects a customer? 11 See if the journal transaction identifies a customer by name. If it does you need to determine if the amount is a debit or credit. How can you tell? Look at column heading, it will
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