$1.$ Record the purchases of goods on account in the three$-$column purchases journal.

$2.$Record the sales of merchandise on account in a sales journal.

$3.$Post the entries from the purchases journal and the sales journal to the individual accounts in the accounts payable and accounts receivable subsidiary ledgers. Use the following account numbers:

Accounts Receivable $111$

Accounts Payable $205$

Sales Tax Payable $231$

Sales $401$

Purchases $501$

Freight In $502$

All customers have n$30/$

credit terms.

$4.$ Total and prove the journals as of January $31.$

$5.$ Post the column totals from the special journals to the proper general ledger accounts.

$6.$Prepare a schedule of accounts payable for January $31.$

$7.$Prepare a schedule of accounts receivable for JanuarPURCHASES OF GOODS ON ACCOUNT

January $3$ Purchased dresses for $$4,850$ plus a freight charge of $$130$ from Fashion Expo, Invoice $101,$ dated December

$26$; the terms are net $30$ days.

January $5$ Purchased handbags for $$4,020$ plus a freight charge of $$130$ from Tru Totes & Company, Invoice $223,$ dated

December $28$; the terms are $\frac{2}{10},\frac{n}{30}.$

January $7$ Purchased blouses for $$2,140$ plus a freight charge of $$100$ from Extreme Fashions, Invoice $556,$ dated January

$3$; the terms are $\frac{2}{10},\frac{n}{30}.$

January $9$ Purchased casual pants for $$3,950$ from Comfy Casuals, Invoice $110,$ dated January $5$; terms are n$/30.$

January $12$ Purchased business suits for $$6,170$ plus a freight charge of $$180$ from Professional Wears, Invoice $104,$

dated January $9$; the terms are $\frac{2}{10},\frac{n}{30}.$

January $18$ Purchased shoes for $$2,750$ plus freight of $$130$ from City Walks, Invoice $118,$ dated January $14$ ; the terms

are $\frac{n}{60}.$

January $25$ Purchased hosiery for $$1,070$ from Silky Legs Express, Invoice $1012,$ dated January $20$; the terms are $2/10,$

$\frac{n}{30}.$

January $29$ Purchased scarves and gloves for $$1,450$ from Comfy Casuals, Invoice $315,$ dated January $26$; the terms are

$\frac{n}{30}.$

January $31$ Purchased party dresses for $$6,920$ plus a freight charge of $$220$ from Special $0$ccasions Dress Shop, Invoice

$1044,$ dated January $27$; the terms are $\frac{2}{10},\frac{n}{30}.$

SALES OF MERCHANDISE ON ACCOUNT

January $4$ Sold two dresses to Vivian Cho; issued Sales Slip $101$ for $$475$ plus $$38$ sales tax.

January $5$ Sold a handbag to Dina Bates; issued Sales Slip $102$ for $$475$ plus $$38$ sales tax.

January $6$ Sold four blouses to Julia Adams; issued Sales Slip $103$ for $$475$ plus $$38$ sales tax.

January $10$ Sold casual pants and a blouse to Cheryl Scott; issued Sales Slip $104$ for $$375$ plus $$30$ sales tax.

January $14$ Sold a business suit to Alleen De Revere; issued Sales Slip $105$ for $$600$ plus $$48$ sales tax.

January $17$ Sold hosiery, shoes, and gloves to Sasha Ramirez; issued Sales Slip $106$ for $$550$ plus $$44$ sales tax.

January $21$ Sold dresses and scarves to Elaine Patterson; issued Sales Slip $107$ for $$1,325$ plus $$106$ sales tax.

January $24$ Sold a business suit to Andrea Aguilar; issued Sales Slip $108$ for $$500$ plus $$40$ sales tax.

January $25$ Sold shoes to Tracy Mai; issued Sales Slip $109$ for $$475$ plus $$38$ sales tax.

January $29$ Sold a casual pants set to Toni Garcia; issued Sales Slip $110$ for $$550$ plus $$44$ sales tax.

January $31$ Sold a dress and handbag to Linda Martin; issued Sales Slip $111$ for $$1,200$ plus $$96$ sales tax.y $31.$