Moreno Products uses both special journals and a general journal as described in this appendix. Moreno also posts customers’ accounts in the accounts receivable subsidiary ledger. The postings for the most recent month are included in the subsidiary T accounts below.
|
Dolan |
||
|
340 |
250 |
|
|
200 |
||
|
Rambo |
||
|
150 |
150 |
|
|
290 |
||
|
Moses |
||
|
–0– |
145 |
|
|
145 |
||
|
Voris |
||
|
120 |
120 |
|
|
190 |
||
|
170 |
||
Instructions
Determine the correct amount of the end-of-month posting from the sales journal to the
Accounts Receivable control account.