Question

Now that all adjusting entries have been posted to the general ledger, you are asked to prepare the schedule of accounts receivable and the schedule of accounts payable as at June 30, 2020. The purpose of preparing the schedule of accounts receivable is to verify that the sum of the customer balances recorded in the accounts receivable subsidiary ledger is equal to the balance of the Accounts Receivable control account in the general ledger. Similarly, the purpose of the schedule of accounts payable is to confirm that the sum of the supplier balances recorded in the accounts payable subsidiary ledger is equal to the balance of the Accounts Payable control account in the general ledger. Instructions for schedules of accounts Using the subsidiary ledgers and the general ledgers: 1) Create a schedule of accounts receivable as at the end of June. 2) Create a schedule of accounts payable as at the end of June. Remember to enter all answers to the nearest whole dollar. Back-On-Track functionality Please note that any answers from previous pages carried through onto this page (either on the page or in a popup information page) have been reset, if necessary, to the correct answers. Your particular answers from previous pages are no longer shown. (Q=900.schedulesOfAccounts) Bean Counters Coffeehouse Schedule of Accounts Receivable June 30, 2020 Account No. Name Balance ($) 110-1 ARC - Quick Bolt Coffee 110-2 ARC - Kava Java 110-3 ARC - SloZone 4 110-4 ARC - Central Coffee 110-5 ARC - Jandesh's Hot Spot 110-6 ARC - Con's Coffee Total Bean Counters Coffeehouse Schedule of Accounts Payable June 30, 2020 Account No. Name Terms Balance ($) 210-1 APC - Brazil Imports Group 2/10, n/30 210-2 APC - Jordo Gourmet Coffee 1/15, n/30 210-3 APC - Dominga Wholesalers net 30 210-4 APC - East Tangiers Cooperative 2/10, n/30 210-5 APC - Abejundio Coffee net 30 210-6 APC - Buena Vista Coffee net 30 Total

Answer 1

rate positively .. let me know if you need any clarification.

Schedule of account receivable
	Balance
110-1	0	Dr
110-2	4036	Dr
110-3	0	Dr
110-4	0	Dr
110-5	54010	Dr
110-6	16416	Dr
Total	74462	Dr
Schedule of account payable
	Balance
210-1	0	Cr
210-2	0	Cr
210-3	25489	Cr
210-4	9167	Cr
210-5	2100	Cr
210-6	4200	Cr
Total	40956	Cr