Following is information from Fredrickson Company for its first month of business.Credit SalesJan. 10 Stern Company19 Diaz Brothers23 Rex CompanyRequired 1 Required 21. 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.Date$4,2001,7002,650Complete this question by entering your answers in the tabs below.DateJournalize the above transactions in the accounts receivable subsidiary ledger.DebitACCOUNTS RECEIVABLE LEDGERStern CompanyDebitCash CollectionsJan. 20 Stern Company28 Diaz Brothers31 Rex CompanyCreditDiaz BrothersCredit$ 2,1001,7001,378BalanceBalance

Introduction: Journal entries serve as the essential building blocks that provide answers to those…

Required 1 Required 2 Journalize the above transactions in the accounts receivable subsidiary ledger. Date Date ACCOUNTS RECEIVABLE LEDGER Stern Company Debit Credit Diaz Brothers Debit Credit Balance Balance

Required 1 Required 2 Journalize the above transactions in the accounts receivable subsidiary ledger. Date Date ACCOUNTS RECEIVABLE LEDGER Stern Company Debit Credit Diaz Brothers Debit Credit Balance Balance

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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Question

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.
Date
$4,200
1,700
2,650
Complete this question by entering your answers in the tabs below.
Date
Journalize the above transactions in the accounts receivable subsidiary ledger.
Debit
ACCOUNTS RECEIVABLE LEDGER
Stern Company
Debit
Cash Collections
Jan. 20 Stern Company
28 Diaz Brothers
31 Rex Company
Credit
Diaz Brothers
Credit
$ 2,100
1,700
1,378
Balance
Balance

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