Tresh Products uses both special journals and a general journal. Tresh 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.
Instructions
Determine the correct amount of the end-of-month posting from the sales journal to the Accounts Receivable control account.
Solution
$975 = ($200 + $290 + $145 + $190 + $150)
Here All of the debit postings to the subsidiary ledger accounts shows from sales invoices. So the debits Total should be the total credit sales for the month, and that amount must be the correct amount of the end-of-month posting from the sales journal to the Accounts Receivable control account.