Question

I can't figure out the General Ledger...help?

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.
   Following is information from Fredrickson Company for its first month of business. Credit Sales Jan. 10 Stern Company 19 Diaz Brothers 23 Rex Company Cash Collections Jan. 20 Stern Company 28 Diaz Brothers 31 Rex Company $ 4,800 2,000 3,100 $ 2,400 2,000 1,612 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Journalize the accounts receivable balance listed in the general ledger at month's end. GENERAL LEDGER Accounts Receivable Debit Credit 2,400 0X 1,488 X Date Jan. 31 Cash Rec. Jan. 31 Sales Jan. 31 Cash Rec. Balance 2,400 3,888
   

Answer 1

General Ledger Accounts Receivable
Date	Debit	Credit	Balance
Jan 10	$ 4,800		$ 4,800
Jan 19	2,000		6,800
Jan 20		$ 2,400	4,400
Jan 23	3,100		7,500
Jan 28		2,000	5,500
Jan 31		1,612	3,888

In the books of Fredrickson Company :

Date	General Journal	Debit	Credit
		$	$
Jan 10	Accounts Receivable	4,800
	Sales		4,800
Jan 19	Accounts Receivable	2,000
	Sales		2,000
Jan 20	Cash	2,400
	Accounts Receivable		2,400
Jan 23	Accounts Receivable	3,100
	Sales		3,100
Jan 28	Cash	2,000
	Accounts Receivable		2,000
Jan 31	Cash	1,612
	Accounts Receivable		1,612