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College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958 Exercise 18
Posting transactions to the general ledger and accounts receivable ledger.
INSTRUCTIONS
1. Open the general ledger accounts and accounts receivable ledger accounts indicated below.
2. Post the entries from the general journal in Problem 7.2A to the appropriate accounts in the general ledger and in the accounts receivable ledger.
3. Prepare a schedule of accounts receivable. Compare the balance of the Accounts Receivable control account with the total of the schedule.
GENERAL LEDGER ACCOUNTS
ACCOUNTS RECEIVABLE LEDGER ACCOUNTS
Analyze: What is the amount of sales tax owed at September 30, 2013?
INSTRUCTIONS
1. Open the general ledger accounts and accounts receivable ledger accounts indicated below.
2. Post the entries from the general journal in Problem 7.2A to the appropriate accounts in the general ledger and in the accounts receivable ledger.
3. Prepare a schedule of accounts receivable. Compare the balance of the Accounts Receivable control account with the total of the schedule.
GENERAL LEDGER ACCOUNTS
ACCOUNTS RECEIVABLE LEDGER ACCOUNTS
Analyze: What is the amount of sales tax owed at September 30, 2013?
Explanation
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Recording sale made on account with a sa...
College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
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