Awesome Sounds is a wholesale business that sells musical instruments. Transactions involving sales and cash receipts for the firm during April 20x1 follow, along with the general ledger accounts used to record these transactions. GENERAL LEDGER ACCOUNTS 101 $ 16,000 Dr. 20,600 Dr. Cash 109 Notes receivable 111 Accounts receivable 401 Sales 451 Sales return and allowances 452 Sales discounts DATE TRANSACTIONS April 1 sold merchandise for $3,500 to Soprano Music Center; issued Invoice 9312 with terms of 2/10, 1/30. 3 Received a check for $2,156 from Music Supply Store in payment of Invoice 6718 of March 25 ($2,200). loss a Cnh discount (44). 5 Sold merchandise for $1,475 in cash to a new customer who has not yet established credit. 8 Sold merchandise for $4,100 to Music Warehouse issued Invoice 9313 with terns of 2/10, n/30. 10 Soprano Music Center sent a check for $3,430 in payment of Invoice 9312 of April 1 ($3,500), less a cash discount (570). 15 Accepted a return of damaged merchandise from Music Warehouse; issued Credit Memorandum 105 for $760; the original sale was made on Invoice 9313 of April 8. 19 Sold merchandise for $10,100 to Eagleton Munte Center: issued Invoice 9314 with terms of 2/10, 1/30. 23 Collected $2,875 from Sounds From Yesterday for Invoice 6725 of March 25. 26 Accepted a two-month promissory note for $5,100 from Country Music Store in settlement of its overdue account the note has an interest rate of 12 percent. 28 Received a check for $9,898 from Eagleton Music Center in payment of invoice 9314, dated April 19 (510,100). less a cash discount ($202). 30 sold merchandise for $9,400 to Contemporary sounds, Inc.; inued Invoice 9315 with term of 2/10, 1/30. Required: 1. Open the general ledger accounts and enter the balances as of April 1, 20x1. 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. Post the column totals from the special journals to the proper general ledger accounts. 5. Prepare the heading and the Revenue section of the firm's income statement for the month ended April 30. Complete this question by entering your answers in the tabs below. General General Ledgers Income Sales Journal Cash Receipts Journal Statement Analyze Post the opening balances and transactions into the appropriate ledger accounts. Cash Account No: 101 Notes Receivable Date Debit Credit Balance Date Debit Apr 01, 20X1 Account No: 109 Credit Balance Sales Accounts Receivable Date Debit Apr 01, 2019 Account No: 111 Credit Balance Account No: 401 Credit Balance Date Debit Account No: 451 Account No: 452 Sales Returns and Allowances Date Debit Sales Discounts Date Debit Credit Balance Credit Balance 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. Analyze General General Income Ledgers Sales Journal Cash Receipts Journal Statement Record the transactions in a sales journal as of April 20x1. SALES JOURNAL Accounts Date Invoice No. Customer's Namo recolvable Dr./Sales Cr. Apr 30, 20X1 Total General Ledgers Cash Receipts > 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. Analyze General General Sales Journal Cash Receipts Income Ledgers Journal Statement Record the transactions in a cash receipts Journal as of April 20X1. CASH RECEIPTS JOURNAL Other Accounts Credit Date Accounts Receivable Sales Credit Credit Description Cash Debit Sales Discount Debit Account Namo Amount $ $ 0 $ 0 Apr 30, 2019 Totals 0 $ 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 general journal as of April 20X1. 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. Date General Journal Debit Credit Apr 26, 20X1 Record entry Clear entry View general journal 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 General Sales Journal Cash Receipts Ledgers Income Journal Statement Analyze Prepare the heading and the Revenue section of the firm's income statement fr the month ended April 30. AWESOME SOUNDS Partial Income Statement Month Ended April 30, 20X1 Revenue 0 Net sales 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 General Sales Journal Cash Receipts Income Ledgers Analyze Journal Statement What total sales on account were made in the month of April prior to any returns or allowances? Total sales on account prior to returns or allowances Income Statement Analyze Awesome Sounds is a wholesale business that sells musical instruments. Transactions involving sales and cash receipts for the firm during April 20x1 follow, along with the general ledger accounts used to record these transactions. GENERAL LEDGER ACCOUNTS 101 $ 16,000 Dr. 20,600 Dr. Cash 109 Notes receivable 111 Accounts receivable 401 Sales 451 Sales return and allowances 452 Sales discounts DATE TRANSACTIONS April 1 sold merchandise for $3,500 to Soprano Music Center; issued Invoice 9312 with terms of 2/10, 1/30. 3 Received a check for $2,156 from Music Supply Store in payment of Invoice 6718 of March 25 ($2,200). loss a Cnh discount (44). 5 Sold merchandise for $1,475 in cash to a new customer who has not yet established credit. 8 Sold merchandise for $4,100 to Music Warehouse issued Invoice 9313 with terns of 2/10, n/30. 10 Soprano Music Center sent a check for $3,430 in payment of Invoice 9312 of April 1 ($3,500), less a cash discount (570). 15 Accepted a return of damaged merchandise from Music Warehouse; issued Credit Memorandum 105 for $760; the original sale was made on Invoice 9313 of April 8. 19 Sold merchandise for $10,100 to Eagleton Munte Center: issued Invoice 9314 with terms of 2/10, 1/30. 23 Collected $2,875 from Sounds From Yesterday for Invoice 6725 of March 25. 26 Accepted a two-month promissory note for $5,100 from Country Music Store in settlement of its overdue account the note has an interest rate of 12 percent. 28 Received a check for $9,898 from Eagleton Music Center in payment of invoice 9314, dated April 19 (510,100). less a cash discount ($202). 30 sold merchandise for $9,400 to Contemporary sounds, Inc.; inued Invoice 9315 with term of 2/10, 1/30. Required: 1. Open the general ledger accounts and enter the balances as of April 1, 20x1. 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. Post the column totals from the special journals to the proper general ledger accounts. 5. Prepare the heading and the Revenue section of the firm's income statement for the month ended April 30. Complete this question by entering your answers in the tabs below. General General Ledgers Income Sales Journal Cash Receipts Journal Statement Analyze Post the opening balances and transactions into the appropriate ledger accounts. Cash Account No: 101 Notes Receivable Date Debit Credit Balance Date Debit Apr 01, 20X1 Account No: 109 Credit Balance Sales Accounts Receivable Date Debit Apr 01, 2019 Account No: 111 Credit Balance Account No: 401 Credit Balance Date Debit Account No: 451 Account No: 452 Sales Returns and Allowances Date Debit Sales Discounts Date Debit Credit Balance Credit Balance 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. Analyze General General Income Ledgers Sales Journal Cash Receipts Journal Statement Record the transactions in a sales journal as of April 20x1. SALES JOURNAL Accounts Date Invoice No. Customer's Namo recolvable Dr./Sales Cr. Apr 30, 20X1 Total General Ledgers Cash Receipts > 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. Analyze General General Sales Journal Cash Receipts Income Ledgers Journal Statement Record the transactions in a cash receipts Journal as of April 20X1. CASH RECEIPTS JOURNAL Other Accounts Credit Date Accounts Receivable Sales Credit Credit Description Cash Debit Sales Discount Debit Account Namo Amount $ $ 0 $ 0 Apr 30, 2019 Totals 0 $ 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 general journal as of April 20X1. 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. Date General Journal Debit Credit Apr 26, 20X1 Record entry Clear entry View general journal 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 General Sales Journal Cash Receipts Ledgers Income Journal Statement Analyze Prepare the heading and the Revenue section of the firm's income statement fr the month ended April 30. AWESOME SOUNDS Partial Income Statement Month Ended April 30, 20X1 Revenue 0 Net sales 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 General Sales Journal Cash Receipts Income Ledgers Analyze Journal Statement What total sales on account were made in the month of April prior to any returns or allowances? Total sales on account prior to returns or allowances Income Statement Analyze