Sales journal, subsidiary ledger, and schedule of accounts Grassley Company completes the following transactions during November, its

Question:

Sales journal, subsidiary ledger, and schedule of accounts Grassley Company completes the following transactions during November, its first month of operations (terms for all its credit sales are 2/10, n/30).
Nov.

8 Sold merchandise on credit to Cyd Rounder, Invoice No. 439, for $$6,550$ plus sales tax of $$524.$
10 Sold merchandise on credit to Carlos Mantel, Invoice No. 440, for $$13,500$ plus sales tax of $$1,080.$
15 Sold merchandise on credit to Tori Tripp, Invoice No. 441, for $$5,250$ plus sales tax of $$420.$
22 Sold merchandise on credit to Carlos Mantel, Invoice No. 442, for $$3,695$ plus sales tax of $$296.$
24 Sold merchandise on credit to Tori Tripp, Invoice No. 443, for $$4,280$ plus sales tax of $$342.$

Required
1. Open the following general ledger accounts: Accounts Receivable, Sales, and Sales Tax Payable.
Open the following accounts receivable subsidiary ledger accounts: Carlos Mantel, Tori Tripp, and Cyd Rounder.
2. Enter the transactions in a sales journal like that in Exhibit 11.6. Number the journal page as page 2.
3. Post all transactions to the accounts receivable subsidiary ledger and its month-end totals to the general ledger.
4. Prove the accuracy of the subsidiary ledger by preparing a schedule of accounts receivable as of November 30.

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