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moreno products uses both special journals and a general journal as described in thi 543529

Moreno Products uses both special journals and a general journal as described in this appendix. Moreno 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.

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340

250

200

Rambo

150

150

290

Moses

–0–

145

145

Voris

120

120

190

170

Instructions

Determine the correct amount of the end-of-month posting from the sales journal to the

Accounts Receivable control account.

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