Accounts receivable ledger; posting from sales journal Keeler Company had the following...

Accounts receivable ledger; posting from sales journal

Keeler Company had the following credit sales to its customers during June.

Required

1. Open an accounts receivable subsidiary ledger having a T-account for each customer. Post the invoices to the subsidiary ledger. Ignore sales tax.

2. Open an Accounts Receivable controlling T-account and a Sales T-account to reflect general ledger accounts.

The Accounts Receivable controlling account has a zero balance on June 1. Post the end-ofmonth total from the sales journal to these accounts.

3. Prepare a schedule of accounts receivable as of June 30 and prove that its total equals the Accounts Receivable controlling account balance on June 30.