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v2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker-assignments&takeAssignmentSessionLocator-assignment-take;&inprogress; I Calculator Journalizing Sales Transactions Enter the following transactions in a sales journal. Use a 3% sales tax rate Sept. 1 Sold merchandise on account to K. Smith, $1,500, plus sales tax. Sale No. 228. 3 Sold merchandise on account to J. Arnes, $3,000, plus sales tax. Sale No. 229 5 Sold merchandise on account to M. Denison, $2,700, plus sales tax. Sale No. 230. 7 Sold merchandise on account to B. Marshall, $1,700, plus sales tax. Sale No. 231. Page: 1 POST. GENERAL ACCOUNTS SALES SALES TAX SALE NO RECEIVABLE CREDIT PAYABLE CREDIT DATE TO WHOM SOLD . DEBIT CREDIT DEBIT M. d M. d M. d Previous Next tems 212 PMExplanation / Answer
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Date Sale No. To Whom Sold Post Ref. General Debit/Credit Accounts Receivable Debot Sale Credit Sale Tax payable Credit 1-Sep 228 K.Smith 1545 1500 45 3-Sep 229 J. Arnes 3090 3000 90 5-Sep 230 M.Denison 2781 2700 81 7-Sep 231 B.Marshall 1751 1700 51Related Questions
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