Winslow Company posts its sales invoices directly and then binds them into a Sales Journal. Winslow had the following credit sales to these customers during June.

June 2

Joe Mack

$ 3,600

8

Eric Horner

6,100

10

Tess Wilson

13,400

14

Hong Jiang

20,500

20

Tess Wilson

11,200

29

Joe Mack

7,300

 

Total credit sales

$62,100

Required

1. Open an accounts receivable subsidiary ledger having a T account for each customer. Post the invoices to the subsidiary ledger.

2. Open an Accounts Receivable controlling T account and a Sales T account to reflect general ledger accounts. Post the end of month total from the sales journal to these accounts.

3. Prepare a schedule of accounts receivable and prove that its total equals the Accounts Receivable controlling account balance.