Awesome Sounds is a wholesale business that sells musical instruments. Transactions involving sales and cash receipts for the firm during April 2019 follow, along with the general ledger accounts used to record these transactions GENERAL LEDGER ACCOUNTS $17,480 Dr. 181 Cash 189 Notes Receivable 111 Accounts Receivable 481 Sales 22,080 Dr Sales Returns and Allowances 451 452 Sales Discounts DATE TRANSACTIONS April 1 Sold merchandise for $4,980 to Soprano Music Center; issued Invoice 9312 3 Received a check for $1,960 from Music Supply Store in payment of 5 sold merchandise for $1,825 in cash to a new customer who has not yet 8 Sold merchandise for $s,see to Music Warehouse; issued Invoice 9313 with 1e Soprano Music Center sent a check for $4,882 in payment of Invoice 9312 15 Accepted a return of damaged merchandise from Music Warehouse; issued with terms of 2/10, n/30 Invoice 6718 of March 25 ($2,800), less a cash discount ($40) established credit terms of 2/10, n/30. of April 1 ($4,900), less a cash discount ($98) Credit Memorandum 105 for $9e0; the original sale was made on Invoice 9313 of April 8. Prev3 of 4 Next > here to search