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Can I have help finishing the problem as well as the other requirements? The following transactions of San Francisco Pharmacies occurred during 2017 and 2018:
Can I have help finishing the problem as well as the other requirements?
The following transactions of San Francisco Pharmacies occurred during 2017 and 2018: (Click the icon to view the transactions.) Journalize the transactions in San Francisco's general journal. Explanations are not required. Round to the nearest dollar. (Record debits first, then credits. Exclude explanations from journal entries. Check your spelling carefully and do not abbreviate.) Jan. 9, 2017: Purchased computer equipment at a cost of $14,000, signing a six-month, 9% note payable for that amount Date Accounts Debit Credit Jan. 9 Computer Equipment 14,000 Notes Payable 14,000 Jan. 29, 2017: Recorded the week's sales of $69.000, three-fourths on credit and one-fourth for cash. Sales amounts are subject to a 6% state sales tax. Ignore cost of goods sold Date Accounts Debit Credit Jan, 29 Cash Accounts Receivable More Info Sales Revenue Sales Tax Payable Purchased computer equipment at a cost of $14,000, signing a six-month, 9% note Jan. 9, 2017 payable for that amount. Recorded the week's sales of $69.000, three-fourths on credit and one-fourth for Jan. 29, 2017 cash. Sales amounts are subject to a 6% state sales tax. Ignore cost of goods sold Feb. 5, 2017 Sent the last week's sales tax to the state. Jul. 9, 2017 Paid the six-month, 9% note, plus interest, at maturity. . Purchased merchandise inventory for $3,000, signing a six-month, 11% note Aug. 31, 2017 payable. The company uses the perpetual inventory system. Dec 31, 2017 Accrued warranty expense, which is estimated at 4% of sales of $600,000. , $ Dec. 31. 2017 Accrued Interest on all outstanding notes payable Feb. 28, 2018 Paid the six-month 11% note, plus interest, at maturity, Print DoneStep by Step Solution
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