Study Resource: Understanding Accounting Receivables and Payables

School: Lonsdale Institute - Course: ADVANCE DI BSBTWK502 - Subject: Accounting

Account Receivable General Ledger DetailDateDRCRBalance Opening Balance10/1/2017$ 594.00 Sales Journal10/30/2017 $ 792.00 $ 1,386.00 Sales Returns and Allowances Journal10/30/2017$ 33.00 $ 1,353.00 Cash Receipts Journal10/30/2017$ 517.00 $ 836.00 Cash Receipts Journal-discounts10/30/2017$ 22.00 $ 814.00 Closing Balance10/31/2017 $ 814.00 Subledgers T. Asthana DateDetailDRCRBalance 10/1/2017 Opening B.$ 165.00 10/22/2017 CRJ$ 154.00 $ 11.00 10/22/2017 CRJ-discount$ 11.00 $ - 10/23/2017 SJ$ 88.00 $ 88.00 10/31/2017 Closing B.$ 88.00 H Phillips DateDetailDRCRBalance 10/1/2017 Opening B.$ 110.00 10/2/2017 SJ$ 165.00 $ 275.00 10/3/2017 SRJ$ 11.00 $ 264.00 10/19/2017 CRJ$ 55.00 $ 209.00 10/31/2017 Closing B.$ 209.00 A Martin DateDetailDRCRBalance 10/1/2017 Opening B.$ 77.00 10/10/2017 SJ$ 77.00 $ 154.00 10/25/2017 CRJ$ 77.00 $ 77.00 10/31/2017 Closing B.$ 77.00 C DraneDateDetailDRCRBalance 10/1/2017 Opening B.$ 99.00 10/7/2017 SJ$ 286.00 $ 385.00 10/14/2017 SJ$ 66.00 $ 451.00 10/16/2017 SRJ$ 22.00 $ 429.00 10/16/2017 CRJ$ 99.00 $ 330.00 10/31/2017 Closing B.$ 330.00 S Johns DateDetailDRCRBalance 10/1/2017 Opening B.$ 143.00 10/31/2017 CRJ$ 132.00 $ 11.00 10/31/2017 CRJ-discount$ 11.00 $ - 10/31/2017 Closing B.$ - American Express DateDetailDRCRBalance 10/1/2017 Opening B.$ - 10/31/2017 SJ$ 110.00 $ 110.00 10/31/2017 Closing B.$ 110.00 Reconciliation schedule at 31 October 2017