Question

CALCULATOR PRINTER VERSION Exercise 7-03 a-c (Part Level Submisslon) (Video) On September 1. the balance of the Accounts Receivable control account in the general ledger of Blossom Company was $11,360. The customers' subsidiary ledger contained account balances as follows: Hurley $1,590, Andino $2,640, Fowler $2,130, and Sogard $5,000. At the end of September, the various journals contained the following information Sales journal: Sales to Sogard $810, to Hurley $1,270, to Glambi $1,390, and to Fowler $1,070 Cash receipts journal: Cash received from Fowler $1,330, from Sogard $2,170, from Glambi $280, from Andino $1,840, and from Hurley $1,120. General Journal: An allowance is granted to Sogard $120. Your answer is partially correct. Try again Set up control and subsidiary accounts and enter the beginning balances. Accounts Receivable Date Explanation Rel D ebit Balance Sept. 1 11360 4540 8 740 Accounts Receivable Subsidiary Ledger Date Explanation Ref. Sept. 1 Balance vi 130 130 2130 220 Glam Date Explanation Rel. Debit

Answer 1

Credit Balance 11,360 $ Credit Balance 2,130 $ Credit Accounts Receivable Date Explanation Ref. Debit Sept. 01 Balance Accounts Receivable Subsidiary Ledger Fowler Date Explanation Ref. Debit Sept. 01 Balance Sogard Date Explanation Ref. Debit Sept. 01 | Balance Glambi Date Explanation Ref. Debit Sept. 01 Balance Andino Date Explanation | Ref. Debit Sept. 01 Balance V Hurley Date | Explanation Ref. Debit Sept. 01 Balance $ Balance 5,000 + Debit Credit Balance Date s potem Explanation Explanation Ref. Ref. Credit Debit creo Balance 2,640 $ Credit $ Balance 1,590