Following is information from Fredrickson Company for its first month of business. Credit Sales Jan. 10 Stern Company 19 Diaz Brothers 23 Rex Company Required 1 Required 2 1. Journalize the above transactions in the accounts receivable subsidiary ledger. 2. Journalize the accounts receivable balance listed in the general ledger at month's end. Complete this question by entering your answers in the tabs below. Date Cash Collections $ 4,200 Jan. 20 Stern Company 28 Diaz Brothers 31 Rex Company Date 1,700 2,650 Journalize the above transactions in the accounts receivable subsidiary ledger. Debit ACCOUNTS RECEIVABLE LEDGER Stern Company Debit Credit Diaz Brothers $ 2,100 1,700 1,378 Credit Balance Balance
Following is information from Fredrickson Company for its first month of business. Credit Sales Jan. 10 Stern Company 19 Diaz Brothers 23 Rex Company Required 1 Required 2 1. Journalize the above transactions in the accounts receivable subsidiary ledger. 2. Journalize the accounts receivable balance listed in the general ledger at month's end. Complete this question by entering your answers in the tabs below. Date Cash Collections $ 4,200 Jan. 20 Stern Company 28 Diaz Brothers 31 Rex Company Date 1,700 2,650 Journalize the above transactions in the accounts receivable subsidiary ledger. Debit ACCOUNTS RECEIVABLE LEDGER Stern Company Debit Credit Diaz Brothers $ 2,100 1,700 1,378 Credit Balance Balance
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Following is information from Fredrickson Company for its first month of business.
Credit Sales
Jan. 10 Stern Company
19 Diaz Brothers
23 Rex Company
Required 1 Required 2
1. Journalize the above transactions in the accounts receivable subsidiary ledger.
2. Journalize the accounts receivable balance listed in the general ledger at month's end.
Complete this question by entering your answers in the tabs below.
Date
Cash Collections
$4,200 Jan. 20 Stern Company
28 Diaz Brothers
31 Rex Company
Date
1,700
2,650
Journalize the above transactions in the accounts receivable subsidiary ledger.
Debit
ACCOUNTS RECEIVABLE LEDGER
Stern Company
Debit
Credit
Diaz Brothers
$ 2,100
1,700
1,378
Credit
Balance
Balance
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