Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. need help solving this series a problems sale

Need help solving this SERIES A PROBLEMS SALES JOURNAL Futi...

70.2K

Verified Solution

Question

Accounting

Need help solving this
image
SERIES A PROBLEMS SALES JOURNAL Futi Ishanyan owns a retail business and made the following sales during the month of August 20--"There is a 6% sales tax on all sales. Aug. 1 Sale No. 213 to Jeter Manufacturing Co., $1,300, plus sales tax. 3 Sale No. 214 to Hassan Co., $2,600, plus sales tax. 7 Sale No. 215 to Habrock, Inc., $1,700, plus sales tax. (Open a new account for this customer. Address is 125 Fishers Dr., Noblesville, IN 47870-8867.) 11 Sale No. 216 to Seth Mowbray, $1,400, plus sales tax. 18 Sale No. 217 to Hassan Co., $3,960, plus sales tax. 22 Sale No. 218 to Jeter Manufacturing Co., $2,800, plus sales tax. 30 Sale No. 219 to Seth Mowbray, $1,900, plus sales tax. REQUIRED 1. Record the transactions in the sales journal starting with page 8. Total and verify the column totals and rule the columns 2. Post from the sales journal to the general ledger and accounts receivable ledger accounts. Use account numbers as shown in the chapter

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students