Awesome sounds is a wholesale business that sells musical instruments transactions involving sales in cash receipts for the farm during April 2016 follow along with the general ledger accounts used to record these transactions

Awesome Sounds is a wholesale business that sells musical instruments. Transactions involving sales and cash receipts for the firm during April 2016 follow, along with the general ledger accounts used to record these transactions. GENERAL LEDGER ACCOUNTS $17,200 Dr. 101 Cash 109 Notes Receivable 111 Accounts Receivable 401 Sales 451 Sales Returns and Allowances 452 Sales Discounts 21,800 Dr. DATE TRANSACTIONS April 1 Sold merchandise for $4,700 to Soprano Music Center: issued Invoice 9312 with terms of 2/10, n/30 3 Received a check for $1,862 from Music Supply Store in payment of Invoice 6718 of March 25 ($1,900), less a cash discount ($38). 5 Sold merchandise for $1,775 in cash to a new customer who has not yet eatablished credit. 8 Sold merchandise for $5,300 to Music Warehouse, issued Invoice 9313 with terms of 2/10, n/30. 10 Soprano Music Center sent a check for $4,606 in payment of Invoice 9312 of April 1 (54,700), less a cash discount ($94). 15 Accepted a return of damaged merchandise from Music Warehouse; issued Credit Memorandum 105 for $880; the original sale was made on Invoice 9313 of April 8. 19 Sold merchandise for $11, 300 to Eagleton Music Center; issued Invoice 9314 with terms of 2/10, n/30. 23 Collected $3,175 from Sounds From Yesterday for Invoice 6725 of March 25. 26 Accepted a two-month promissory note for $6,300 from Country Music Store in settlement of its overdue account: the note has an interest rate of 12 percent. 28 Received a check for $11,074 from Eagleton Music Center in payment of Invoice 9314, dated April 19 (611,300), less a cash discount (226). 30 Soid merchandise for $10.600 to Contemporary Sounds, Inc., issued Invoice 9315 with terms of 2/10, n/30. w 19440) 30 Sold merchandise for $10,600 to Contemporary Sounds, Inc., issued Invoice 9315 with terms of 2/10, n/30. Required: 1. Open the general ledger accounts and enter the balances as of April 1, 2019. 2. Record the transactions in a sales journal, a cash receipts journal, and a general journal. 3. Post the entries from the general journal to the general ledger 4. Total, prove, and rule the special journals as of April 30, 2019. 5. Post the column totals from the special journals to the proper general ledger accounts. 6. Prepare the heading and the Revenue section of the firm's income statement for the month ended April 30. Analyze: What total sales on account were made in the month of April prior to any returns or allowances? Complete this question by entering your answers in the tabs below. General Ledgers Sales Journal Cash Receipts General Journal Income Statement Analyze Post the opening balances and transactions into the appropriate ledger accounts. Account No: 101 Credit Balance Cash Date Apr 01, 2019 Notes Receivable Date Debit Account No: 109 Credit Balance Debit General Ledgers Sales Journal Cash Receipts General Journal Income Statement Analyze Post the opening balances and transactions into the appropriate ledger accounts Cash Date Apr 01, 2019 Account No: 101 Credit Balance Debit Notes Receivable Date Debit Account No: 109 Credit Balance Accounts Receivable Account No: 111 Credit Balance Date Debit Account No: 401 Credit Balance Debit Apr 01. 2019 Account No: 451 Sales Discounts Sales Returns and Allowances Date Debit Account No: 452 Credit Balance Debit Credit Balance Sales Journal Complete this question by entering your answers in the tabs below. General Ledgers Sales Journal Cash Receipts General Journal Income Statement | Analyze Record the transactions in a sales journal as of April 2019. SALES JOURNAL Date Invoice No. Customer's Name Accounts receivable Dr./Sales Cr. Apr 30, 2019 Total TOUT CIUILES Complete this question by entering your answers in the tabs below. General Ledgers Sales Journal Cash Receipts General Journal Income Statement Analyze Record the transactions in a cash receipts journal as of April 2019, CASH RECEIPTS JOURNAL Other Accounts Credit Date Description Accounts Receivable Credit Sales Credit Sales Discount Debit Cash Debit Account Name Amount Apr 30, 2019 Totals Ledgers Journal Receipts Journal Statement Analyze Record the transactions in a general journal as of April 2019. (If no entry is required for a particular transaction, select journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the return of damaged merchandise, Credit Memo 105, sale originally made on Invoice 9313 from April 8. Note: Enter debits before credits General Journal Debit Credit April 15, 2019 Record entry View general journal General Ledgers bales Journal Receipts General Journal income Statement Analyze Record the transactions in a general journal as of April 2019. (If no entry is required for a particular transactions journal entry required in the first account field.) View transaction list Journal entry worksheet Record the receipt of a 2-month, 12% note from Country Music Store to replace the open account. Note: Enter debits before credits General Journal Debit Credit Date April 26. 2019 View general journal Record entry Clear entry entering your answers in the tabs below. General Ledgers Sales Journal Cash Receipts General Journal Income Statement Analyze Prepare the heading and the Revenue section of the firm's income statement for the month en AWESOME SOUNDS Partial Income Statement Month Ended April 30, 2019 Revenue Net sales A prior to any returns or allow Complete this question by entering your answers in the tabs below. General Ledgers Sales Journal Cash Receipts General Journal Income Statement Analyze What total sales on account were made in the month of April prior to any returns or alle Total sales on account prior to returns or allowances TOUT CIUILES Complete this question by entering your answers in the tabs below. General Ledgers Sales Journal Cash Receipts General Journal Income Statement Analyze Record the transactions in a cash receipts journal as of April 2019, CASH RECEIPTS JOURNAL Other Accounts Credit Date Description Accounts Receivable Credit Sales Credit Sales Discount Debit Cash Debit Account Name Amount Apr 30, 2019 Totals Ledgers Journal Receipts Journal Statement Analyze Record the transactions in a general journal as of April 2019. (If no entry is required for a particular transaction, select journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the return of damaged merchandise, Credit Memo 105, sale originally made on Invoice 9313 from April 8. Note: Enter debits before credits General Journal Debit Credit April 15, 2019 Record entry View general journal General Ledgers bales Journal Receipts General Journal income Statement Analyze Record the transactions in a general journal as of April 2019. (If no entry is required for a particular transactions journal entry required in the first account field.) View transaction list Journal entry worksheet Record the receipt of a 2-month, 12% note from Country Music Store to replace the open account. Note: Enter debits before credits General Journal Debit Credit Date April 26. 2019 View general journal Record entry Clear entry entering your answers in the tabs below. General Ledgers Sales Journal Cash Receipts General Journal Income Statement Analyze Prepare the heading and the Revenue section of the firm's income statement for the month en AWESOME SOUNDS Partial Income Statement Month Ended April 30, 2019 Revenue Net sales A prior to any returns or allow Complete this question by entering your answers in the tabs below. General Ledgers Sales Journal Cash Receipts General Journal Income Statement Analyze What total sales on account were made in the month of April prior to any returns or alle Total sales on account prior to returns or allowances