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CH 8 Critical Thinking Problemi javed Help Save & Exit Check my INSTRUCTIONS 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. 100 3. Post the entries from the purchases journal and the sales journal to the Individual accounts in the accounts payable and accounts points receivable subsidiary ledgers. Use the following account numbers: . Accounts Receivable 111 . Accounts Payable 205 o Sales Tax Payable 231 Sales 401 eBook . Purchases 501 Freight In 502 . All customers have n/30 credit terms. Print 4. Total, prove, and rule the journals as of January 31. 5. Post the column totals from the special journals to the proper general ledger accounts. 5. Prepare a schedule of accounts payable for January 31. 7. Prepare a schedule of accounts receivable for January 31. References PURCHASES OF GOODS ON ACCOUNT Jan. 3 Purchased dresses for $5, 220 plus a freight charge of $150 from Fashion Expo, Invoice 101, dated December 26; the terms are net 30 days. 5 Purchased handbags for $3, 870 plus a freight charge of $130 from Tru Totes & Co., Invoice 223, dated December 28; the terms are 2/10, n/30. 7 Purchased blouses for $2, 170 plus a freight charge of $100 from Extreme Fashions, Invoice 556, dated January 3; the terms are 2/10, n/30. 9 Purchased casual pants for $3, 080 from Comfy Casuals, Invoice 110, dated January 5; terms are n/30. 12 Purchased business suits for $6, 200 plus a freight charge of $210 from Professional Wears, Invoice 104, dated January 9; the terms are 2/10, n/30. 18 Purchased shoes for $2, 750 plus freight of $140 from City Walks, Invoice 118, dated January 14; the terms are n/60. 25 Purchased hosiery for $1, 040 from Silky Legs Express, Invoice 1012, dated January 20; the terms are 2/10, n/30. 29 Purchased scarves and gloves for $1, 250 from Comfy Casuals, Invoice 315, dated January 26; the terms are n/30. 31 Purchased party dresses for $7, 330 plus a freight charge of $210 from Special Occasions Dress Shop, Invoice 1044, dated January 27; the terms are 2/10, n/30. SALES OF MERCHANDISE ON ACCOUNT Jan. 4 Sold two dresses to Vivian Cho: issued Sales Slip 101 for $525 plus $42 sales tax Mc Graw 1 or 1 Next HillSaved Help Save & Exit Subm Check my work SALES OF MERCHANDISE ON ACCOUNT Jan. 4 Sold two dresses to Vivian Cho; issued Sales Slip 101 for $525 plus $42 sales tax. 5 Sold a handbag to Dina Bates; issued Sales Slip 102 for $408 plus $32 sales tax. 6 Sold four blouses to Julia Adams; issued Sales Slip 103 for $575 plus $46 sales tax. 100 10 Sold casual pants and a blouse to Cheryl Scott; issued Sales Slip 104 for $600 plus $48 sales tax. points 14 Sold a business suit to Alleen De Revere; issued Sales Slip 105 for $506 plus $40 sales tax. 17 Sold hosiery, shoes, and gloves to Sasha Ramirez; issued Sales Slip 106 for $550 plus $44 sales tax. 21 Sold dresses and scarves to Elaine Patterson; issued Sales Slip 107 for $1, 150 plus $92 sales tax. 24 Sold a business suit to Andrea Aguilar; issued Sales Slip 108 for $460 plus $32 sales tax. 25 Sold shoes to Tracy Mai; issued Sales Slip 109 for $625 plus $50 sales tax. eBook 29 Sold a casual pants set to Toni Garcia; issued Sales Slip 110 for $606 plus $48 sales tax. 31 Sold a dress and handbag to Linda Martin; issued Sales Slip 111 for $1, 206 plus $96 sales tax. Print Analyze: What is the net delivered cost of purchases for the month of January? In References Complete this question by entering your answers In the tabs below. Purchases Sales Journal Schedule of AP Schedule of AR Analyze Journal Ledgers Record the purchases of goods on account in the three-column purchases journal. PURCHASES JOURNAL Accounts Purchases Freight In Date Purchased From Invoice Number Invoice Date | Terms Payable Credit Debit Debit Jan 3 Special Occasions Dress Shop Jan 5 Jan 7 Jan 9 Jan 12 Jan 18 Jan 25 Jan 29 Mc Prev 1 of 1 Next P