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5. Show journal entries for the following transactions: a. Food sales for the day amounted to $1,050 b. liquor sales amounted to $900 on cash
5. Show journal entries for the following transactions:
a. Food sales for the day amounted to $1,050
b. liquor sales amounted to $900 on cash and $600 on account.
c. Storeroom purchase of liquor totalling $1,200 is charged by the operation to an open account.
d. Paid for advertising $850
e. Sales report for the day was as follows:
Room sales $5,000
Food 2,200
Beverage 700
Sales tax 300
Cash and credit card payments received 6,700
In-house credit cards 1,500
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