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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

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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: 1pued Invoice 9912 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 established credit. 8 Sold merchandise for $5,300 to Music Warehouse, issued Invoice 9313 with terms of 2/10, 1/30. 10 Soprano Music Center sent a check for $4,606 in payment of Invoice 9312 of April 1 ($4,700), less a cash discount ($94). 15 Accepted a return of damaged merchandise from Hus10 Warehouse: 13 sued Credit Memorandum 105 for $880; the original wale was made on Invoice 9313 of April 8. 19 Sold merchandise for $11,300 to Eagleton Music Center; issued Invoice 9914 with terms of 2/10, n/30. 23 Collected $3,175 from Sounds From Yeaterday 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 ($11, 300), less a cash discount ($226). 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 muninn halanon and transactions into the annrenriate ledger accounts. General Ledgers Sales Journal Cash Receipts General Joumal Income Statement Analyze Post the opening balances and transactions into the appropriate ledger accounts. Cash Date Apr 01, 2019 Account No: 101 Credit Balance Notes Receivable Date Debit Account No: 109 Credit Balance Debit Sales Accounts Receivable Date Debit Apr 01, 2019 Account No: 111 Credit Balance Account No: 401 Credit Balance Date Debit Sales Returns and Allowances Date Debit Account No: 451 Credit Balance Sales Discounts Date Debit Account No: 452 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 Analyze What total sales on account were made in the month of April prior to any retums or allowances? 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 Accounts Other Accounts Credit Receivable Sales Credit Credit Account Name Amount Date Description Sales Discount Cash Debit Debit Apr 30, 2019 Totals Ledgers Sales Journal Cash Receipts General Joumal Income Statement Analyze Record the transactions in a general journal as of April 2019. (If no entry is required for a partic "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 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 Date April 15, 2019 Record entry Clear entry View general journal Complete this question by entering your answers in the tabs below. General Ledgers Sales Joumal Cash Receipts General Joumal Income Statement Analyze Record the transactions in a general journal as of April 2019. (If no entry is required for a particular transaction, select "No 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 che General Journal Debit Credit Date April 26. 2019 Record Cear entry Viltw e nal journal Analyzed 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 Prepare the heading and the Revenue section of the firm's income statement for the month el AWESOME SOUNDS Partial Income Statement Month Ended April 30, 2019 Revenue Net sales Analyze: What total sales on account were made in the month of April prior to any returns or 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 Total sales on account prior to returns or allowances

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