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Barnett's Electronics Store had the following transactions during the month of January 20X1. Jan. 4 Sold a television to Loretta millor. Insted sales slip 101
Barnett's Electronics Store had the following transactions during the month of January 20X1. Jan. 4 Sold a television to Loretta millor. Insted sales slip 101 for $325 plus sales tax of $16.25. 5 sold a DVD player to Melvin Odom. Issued sales siip 102 for $450 plus sales tax of $22.50. 7 Gave Loretta Miller an allowance for Beratohen on her television sold on January 4, Salen Slip101. Issued Credit Memorandum 101 for $52.50, which includes $2.50 of sales tax. 14 Sold a telephone system to Ginger Robinson. Tanued Sales Slip 103 for $172 plus sales tax of $8.60. 19 sold a pair of speakers to Richard Simon. Inued sales slip 104 for $87 plus sales tax of $4.35. 24 Accepted a return of a pair of defective speakers from Richard Simm. The speakers were originally sold on January 19, Salon slip 104. Inued Credit Memorandum 102 for $91.35, which includes sales tax of $4.35. Prepare a sales Journal to record the above transactions and also prepare a general Journal to record the sales returns and allowances. Complete this question by entering your answers in the tabs below. Sales Journal General Journal Prepare a sales journal to record the above transactions. (Round your answers to 2 decimal places.) SALES JOURNAL Accounts Sales Tax Dato Sales Slip No Customer's Name Receivable Payable Salos Credit Debit Credit Jan 31 Totals Sales Journal General Journal > Prepare a general journal to record the sales returns and allowances. (Round your answers to 2 decimal places.) View transaction that Journal entry worksheet 2 1 Gave Loretta Miler an allowance for scratches on her television sold on January 4, Sales Slip 101. Issued Credit Memorandum 101 for $52.50, which Includes $2.50 of sales tax. Note: Enter debits before credits Debit Credit General Journal Date Jan 7, 20X1 View general Journal Clear entry Recordemy NANI
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