ACF1100 — Introduction to Financial Accounting Extra workshop - Week 7 owner Irene Sy uses sales, purehases, cash receipts, cash payments h subsidiary ledgers nts receivable and accounts eneral and subsidiary ledger accounts as at | May 2018 are as Royal Sporting Hou and general journals, toge c. The ball follows 100 | oe 120,000 | (10, | Accounts receivable control ©, al 150 | inv zr peat 70,000 | 30,000 780,000 [Sales returns. L Diss Cost of Lory unt Fev Rent exp jundry cx; 550 | Commissions io se at i 80,000 | 480,000 INTS RECEIVABLE nse : a D Stee! 14,000 K Lopez 28,000 E Tai 18,000 560,000 ACCOUNTS PAYABLE 328,000 20,000 D Felix 32.000 $80 000 General Journal of Royal Sporting House Date | Description Post ref. | General Ledger | Subsidiary Ledger Credit Debit 2018 May 9 | Accounts payable S Bellamy: Inventory Returned inventory Sales Journal of R Invoice no. Bea ¥ ¥ee nal of Rayal Sporting House Invoice no. | Post ref ‘Amount ___ Cash Receipts Journal of Rayal Sport pus Date Ree Post ft a - yments Journal of Rayal Sporting House Date ‘Account Post ref. | Cha Credit De | Cath at | Discount | Account bank | revenue | payable ent om 00 3. Enter all necessary postings in Ager control acc a A and nts Payable for th 2018 b. Reconcit Aver with the at 31M 8 Briefly Sp ut al Led