Business, 04.03.2020 02:28 crystalhoff9419

Lasting Summer Inc. has $2,510 in the October 1 balance of the accounts receivable account consisting of $1,060 from Champion Co. and $1,450 from Wayfarer Co. Transactions related to revenue and cash receipts completed by Lasting Summer Inc. during the month of October 2016 are as follows:Oct. 3. Issued Invoice No. 622 for services provided to Palace Corp., $2,890.Oct. 5. Received cash from Champion Co., on account, for $1,060.Oct. 8. Issued Invoice No. 623 for services provided to Sunny Style Inc., $1,940.Oct. 12. Received cash from Wayfarer Co., on account, for $1,450.Oct. 18. Issued Invoice No. 624 for services provided to Amex Services Inc., $2,970.Oct. 23. Received cash from Palace Corp. for Invoice No. 622 of October 3.Oct. 28. Issued Invoice No. 625 to Wayfarer Co., on account, for $900.Oct. 30. Received cash from Rogers Co. for services provided, $120.a. Prepare a single-column revenue journal to record these transactions. Enter transactions in chronological order. b. Prepare a listing of the accounts receivable customer balances and verify that the total of the accounts receivable customer balances equals the balance of the accounts receivable controlling account on October 31, 2016

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Lasting Summer Inc. has $2,510 in the October 1 balance of the accounts receivable account consistin...

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