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Accounts Receivable Ledger

The following revenue journal is for Bowman Cleaners Inc., assume that the beginning balances for the customer accounts were zero, except for Tillman Inc., which had a $785 beginning balance. In addition, there were no collections during the period.

REVENUE JOURNAL
Date	Invoice No.	Account Debited	Post. Ref.	Accounts Rec. Dr. Fees Earned Cr.
20Y3
May 1	112	Hazmat Safety Co.	(a)	$3,885
May 10	113	Masco Co.	(b)	1,450
May 20	114	Alpha GenCorp	(c)	2,370
May 27	115	Tillman Inc.	(d)	2,620
May 31				$10,325
				(e)

a. The T account for Accounts Receivable and T accounts for the four accounts needed in the customer ledger are below.

b. Post to the T accounts.

c. Determine the balance in the accounts.

Accounts Receivable
May 1 Bal.
May 31
May 31 Bal.

Alpha GenCorp
May 20
May 31 Bal.

Hazmat Safety Co.
May 1
May 31 Bal.

Masco Co.
May 10
May 31 Bal.

Tillman Inc.
May 1 Bal.
May 27
May 31 Bal.

d. Prepare a listing of the accounts receivable customer balances as of May 31, 20Y3.

Gamma Services Inc.
Accounts Receivable Customer Balances
May 31, 20Y3
Alpha GenCorp	$
Hazmat Safety Co.
Masco Co.
Tillman Inc.
Total accounts receivable	$

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