Following is information from Fredrickson Company for its first month of business. Credit Sales Cash Collections January 10 Stem Company $ 7,800 January 20 Stern Company $ 3,900 January 19 Diaz Brothers 3,500 January 28 Diaz Brothers 3,500 January 23 Rex Company 5,350 January 31 Rex Company 2,782 Journalize the above transactions in the accounts receivable subsidiary ledger. Journalize the accounts receivable balance listed in the general ledger at month's end.
Following is information from Fredrickson Company for its first month of business. Credit Sales Cash Collections January 10 Stem Company $ 7,800 January 20 Stern Company $ 3,900 January 19 Diaz Brothers 3,500 January 28 Diaz Brothers 3,500 January 23 Rex Company 5,350 January 31 Rex Company 2,782 Journalize the above transactions in the accounts receivable subsidiary ledger. Journalize the accounts receivable balance listed in the general ledger at month's end.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Following is information from Fredrickson Company for its first month of business.
Credit Sales Cash Collections January 10 Stem Company $ 7,800 January 20
Stern Company $ 3,900 January 19 Diaz Brothers 3,500 January 28 Diaz
Brothers 3,500 January 23 Rex Company 5, 350 January 31 Rex Company 2,782
Journalize the above transactions in the accounts receivable subsidiary ledger.
Journalize the accounts receivable balance listed in the general ledger at month's
end.
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