Appendix I
Review Exercise Solutions
421
b) Post from the special journals to the accounts receivable subledger. At the end of the month,
post from the special journals to the general ledger control account.
Accounts Receivable Subsidiary Ledger
Bo Didley
Date
PR
DR
CR
Balance
Opening Bal
2,000 DR
Jun 6
CR1
480
1,520 DR
Accounts Receivable Subsidiary Ledger
Richard Starkey
Date
PR
DR
CR
Balance
Opening Bal
1,000 DR
Jun 18
SJ1
3,000
4,000 DR
Accounts Receivable Subsidiary Ledger
Pete Best
Date
PR
DR
CR
Balance
Opening Bal
1,500 DR
Jun 28
SJ1
5,000
6,500 DR
Post to general ledger.
General Ledger
Accounts Receivable
Date
PR
DR
CR
Balance
Opening Bal.
4,500 DR
Jun 30
CRI
480
4,020 DR
Jun 30
SJ1
8,000
12,020 DR
Lin-Z
June 30, 2016
General Ledger
Accounts Receivable
$12,020
Lin-Z
Schedule of Accounts Receivable
June 30, 2016
Bo Didley
$1,520
Richard Starkey
4,000
Pete Best
6,500
Total Accounts Receivable
$12,020
