Bella Floral Designs is a wholesale shop that sells flowers, plants, and plant supplies. The transactions shown below took place during January. All customers have credit terms of n$/30.$

DATE TRANSACTIONS

Jan. $3$ Sold a floral arrangement to Thomas Florist; issued Invoice $1081$ for $$460.$

$8$ Sold potted plants to Carter Garden Supply; issued Invoice $1082$ for $$755.$

$9$ Sold floral arrangements to Thomasville Flower Shop; issued Invoice $1083$ for $$454.$

$10$ Sold corsages to Moore$$s Flower Shop; issued Invoice $1084$ for $$490.$

$15$ Gave Thomasville Flower Shop an allowance because of withered blossoms discovered in one of the floral arrangements sold on Invoice $1083$ on January $9$; issued Credit Memorandum $101$ for $$46.$

$20$ Sold table arrangements to Cedar Hill Floral Shop; issued Invoice $1085$ for $$440.$

$22$ Sold plants to Applegate Nursery; issued Invoice $1086$ for $$640.$

$25$ Sold roses to Moore$$s Flower Shop; issued Invoice $1087$ for $$423.$

$27$ Sold several floral arrangements to Thomas Florist; issued Invoice $1088$ for $$905.$

$31$ Gave Thomas Florist an allowance because of withered blossoms discovered in one of the floral arrangements sold on Invoice $1088$ on January $27$; issued Credit Memorandum $102$ for $$130.$

Required:

Record the transactions in the proper journal.

Post to the accounts receivable ledger.

Post the amounts from the general journal daily. Post the sales journal amount as a total at the end of the month.

Prepare a schedule of accounts receivable. Compare the balance of the Accounts Receivable control account with the total of the schedule.

Analyze:

Damaged goods decreased sales by what dollar amount? By what percentage amount?