Sami Company recorded the following selected transactions during November 2011.


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29.99

Sami Company recorded the following selected transactions during November 2011. 1 answer below » Sami Company recorded the following selected transactions during November 2011. View complete question » Nov. 5 Accounts Receivable—Surf Shop 4,417 Sales 4,417 10 Accounts Receivable—Yum Enterprises 1,250 Sales 1,250 13 Accounts Receivable—Matt Albin 733 Sales 733 21 Sales Returns and Allowances 189 Accounts Receivable—Matt Albin 189 30 Accounts Receivable—Surf Shop 2,606 & Sami Company recorded the following selected transactions during November 2011. Nov. 5 Accounts Receivable—Surf Shop 4,417 Sales 4,417 10 Accounts Receivable—Yum Enterprises 1,250 Sales 1,250 13 Accounts Receivable—Matt Albin 733 Sales 733 21 Sales Returns and Allowances 189 Accounts Receivable—Matt Albin 189 30 Accounts Receivable—Surf Shop 2,606 Sales 2,606 1. Open a general ledger having T-accounts for Accounts Receivable, Sales, and Sales Returns and Allowances. Also open an accounts receivable subsidiary ledger having a T-account for each customer. Post these entries to both the general ledger and the accounts receivable ledger. 2. Prepare a schedule of accounts receivable (see Exhibit 9.4) and compare its total with the balance of the Accounts Receivable controlling account as of November 30. View less » Jul 18 2014 01:00 PM

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29.99