Sales Journal, Cash Receipts Journal, and General Journal Owens Distributors is a retail business. The following sales, returns, and cash receipts occurred during March 20-. There is an 8% sales tax....


Sales Journal, Cash Receipts Journal, and General Journal<br>Owens Distributors is a retail business. The following sales, returns, and cash receipts occurred during March 20-. There is an 8% sales tax.<br>Beginning general ledger account balances were Cash, $9,796; and Accounts Receivable, $1038.00. Beginning customer account balances were<br>Thompson Group, $1038.00.<br>Mar. 1 Sold merchandise to Able & Co., $1,834, plus sales tax. Sale No. 33C.<br>3 Sold merchandise to R. J. Kalas, Inc., $2,236, plus sales tax. Sale No. 33D.<br>5 Able & Co. returned merchandise from Sale No. 33C for a credit (Credit Memo No. 66), $34, plus sales tax.<br>7 Made cash sales for the week, $3,118, plus sales tax.<br>10 Received payment from Able & Co. for Sale No. 33C less Credit Memo No. 66.<br>11 Sold merchandise to Blevins Bakery, $1,216, plus sales tax. Sale No. 33E,<br>13 Recelved payment from R. J. Kalas, Inc. for Sale No. 330.<br>14 Made cash sales for the week, $4,168, plus sales tax.<br>16 Blevins Bakery returned merchandise from Sale No. 33E for a credit (Credit Memo No. 67), $41, plus sales tax.<br>18 Sold merchandise to R. J. Kalas, Inc., $2,572, plus sales tax. Sale No. 33F.<br>20 Received payment from Blevins Bakery for Sale No. 33E less Credit Memo No. 67.<br>21 Made cash sales for the week, $2,374, plus sales tax.<br>25 Sold merchandise to Blevins Bakery, $1,940, plus sales tax. Sale No. 33G.<br>27 Sold merchandise to Thompson Group, $2,039, plus sales tax. Sale No. 33H.<br>28 Made cash sales for the week, $3,518, plus sales tax.<br>

Extracted text: Sales Journal, Cash Receipts Journal, and General Journal Owens Distributors is a retail business. The following sales, returns, and cash receipts occurred during March 20-. There is an 8% sales tax. Beginning general ledger account balances were Cash, $9,796; and Accounts Receivable, $1038.00. Beginning customer account balances were Thompson Group, $1038.00. Mar. 1 Sold merchandise to Able & Co., $1,834, plus sales tax. Sale No. 33C. 3 Sold merchandise to R. J. Kalas, Inc., $2,236, plus sales tax. Sale No. 33D. 5 Able & Co. returned merchandise from Sale No. 33C for a credit (Credit Memo No. 66), $34, plus sales tax. 7 Made cash sales for the week, $3,118, plus sales tax. 10 Received payment from Able & Co. for Sale No. 33C less Credit Memo No. 66. 11 Sold merchandise to Blevins Bakery, $1,216, plus sales tax. Sale No. 33E, 13 Recelved payment from R. J. Kalas, Inc. for Sale No. 330. 14 Made cash sales for the week, $4,168, plus sales tax. 16 Blevins Bakery returned merchandise from Sale No. 33E for a credit (Credit Memo No. 67), $41, plus sales tax. 18 Sold merchandise to R. J. Kalas, Inc., $2,572, plus sales tax. Sale No. 33F. 20 Received payment from Blevins Bakery for Sale No. 33E less Credit Memo No. 67. 21 Made cash sales for the week, $2,374, plus sales tax. 25 Sold merchandise to Blevins Bakery, $1,940, plus sales tax. Sale No. 33G. 27 Sold merchandise to Thompson Group, $2,039, plus sales tax. Sale No. 33H. 28 Made cash sales for the week, $3,518, plus sales tax.
Jun 11, 2022
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