Prepare a listing of the accounts receivable customer balances and verify that the total agrees with the ending balance of the accounts receivable controlling account. If an amount is zero, enter "0".Birmingham Productions Inc.Accounts Receivable Customer BalancesJanuary 31, 20Y4Amber Communications Inc.Clear Pointe Studios Inc.Echo Broadcasting Co.Gold Coast Media Inc.Total accounts receivable$Birmingham Productions Inc.Accounts ReceivableControllingBalance, January 1, 20Y4Total debits (from revenue journal)Total credits (from cash receipts journal)Balance, January 31, 20Y4$ Accounts Receivable Subsidiary LedgerThe revenue journal and cash receipts journal for Birmingham Productions Inc. follow. The accounts receivable control account has a January 1, 20Y4, balance of $4,720 consisting of an amount due from Clear Pointe Studios Inc.REVENUE JOURNALPage 16Accounts Rec. Dr.DateInvoice No.Account DebitedPost. Ref.Fees Earned Cr.20Y4Jan. 61Echo Broadcasting Co.2,860142Gold Coast Media Inc.6,350223Echo Broadcasting Co.3,710254Clear Pointe Studios Inc.2,050295Amber Communications Inc.4,5503119,520(12) (41)CASH RECEIPTS JOURNALPage 36DateAccount CreditedPost. Ref.Fees Earned Cr.Accounts Rec. Cr.Cash Dr.20Y4Jan, 6Clear Pointe Studios Inc.4,7204,72011Fees Earned3,9903,99018Echo Broadcasting Co.2,8602,86028Gold Coast Media Inc.6,3506,350313,99013,93017,920(41)(12)(11)Prepare a listing of the accounts receivable customer balances and verify that the total agrees with the ending balance of the accounts receivable controlling account. If an amount is zero, enter "0".

Account receivable means where goods are sold on credit and cash has not been received till date.

Prepare a listing of the accounts receivable customer balances and verify that the total agrees with the ending balance of the accounts receivable controlling account. If an amount is zero, enter "0". Birmingham Productions Inc. Accounts Receivable Customer Balances January 31, 20Y4 Amber Communications Inc. Clear Pointe Studios Inc. Echo Broadcasting Co. Gold Coast Media Inc. Total accounts receivable Birmingham Productions Inc. Accounts Receivable Controlling Balance, January 1, 20Y4 Total debits (from revenue journal) Total credits (from cash receipts journal) Balance, January 31, 20Y4

Prepare a listing of the accounts receivable customer balances and verify that the total agrees with the ending balance of the accounts receivable controlling account. If an amount is zero, enter "0". Birmingham Productions Inc. Accounts Receivable Customer Balances January 31, 20Y4 Amber Communications Inc. Clear Pointe Studios Inc. Echo Broadcasting Co. Gold Coast Media Inc. Total accounts receivable Birmingham Productions Inc. Accounts Receivable Controlling Balance, January 1, 20Y4 Total debits (from revenue journal) Total credits (from cash receipts journal) Balance, January 31, 20Y4

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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