Cash Receipts Transactions

Zebra Imaginarium, a retail business, had the following cash receipts during December 20--. The sales tax is 6%.

Dec. 1		Received payment on account from Michael Anderson, $1,360.
2		Received payment on account from Ansel Manufacturing, $370.
7		Cash sales for the week were $3,060 plus tax. Bank credit card sales for the week were $1,000 plus tax. Bank credit card fee is 3%.
8		Received payment on account from J. Gorbea, $850.
11		Michael Anderson returned merchandise for a credit, $50 plus tax.
14		Cash sales for the week were $2,840 plus tax. Bank credit card sales for the week were $750 plus tax. Bank credit card fee is 3%.
20		Received payment on account from Tom Wilson, $1,120.
21		Ansel Manufacturing returned merchandise for a credit, $20 plus tax.
21		Cash sales for the week were $3,260 plus tax.
24		Received payment on account from Rachel Carson, $1,920.

Required:

1. Record the transactions starting on page 20 of a general journal. Enter the posting references when you complete part 2.

GENERAL JOURNAL				PAGE 20
DATE	DESCRIPTION	POST. REF.	DEBIT	CREDIT
20--
Dec. 1	Accounts Payable/M. AndersonAccounts Receivable/M. AndersonCashSalesSales Discounts	fill in the blank 2	fill in the blank 3	fill in the blank 4
	Accounts Payable/M. AndersonAccounts Receivable/M. AndersonCashSalesSales Returns and Allowances	fill in the blank 6/	fill in the blank 7	fill in the blank 8
	Received cash on account
Dec. 2	Accounts Payable/Ansel ManufacturingAccounts Receivable/Ansel ManufacturingCashSalaries PayableSales	fill in the blank 10	fill in the blank 11	fill in the blank 12
	Accounts Payable/Ansel ManufacturingAccounts Receivable/Ansel ManufacturingCashSalesSupplies	fill in the blank 14/	fill in the blank 15	fill in the blank 16
	Received cash on account
Dec. 7	Accounts PayableAccounts ReceivableCashSalesSales Tax Payable	fill in the blank 18	fill in the blank 19	fill in the blank 20
	Accounts PayableAccounts ReceivableCashNotes PayableSales	fill in the blank 22	fill in the blank 23	fill in the blank 24
	Accounts PayableAccounts ReceivableCashSales Tax PayableUnearned Revenue	fill in the blank 26	fill in the blank 27	fill in the blank 28
	Made cash sales
Dec. 7	Accounts PayableAccounts ReceivableCashSalesSales Tax Payable	fill in the blank 30	fill in the blank 31	fill in the blank 32
	Accounts PayableAccounts ReceivableBank Credit Card ExpenseSalesSales Tax Payable	fill in the blank 34	fill in the blank 35	fill in the blank 36
	Accounts PayableAccounts ReceivableBank Credit Card ExpenseCashSales	fill in the blank 38	fill in the blank 39	fill in the blank 40
	Accounts PayableAccounts ReceivableBank Credit Card ExpenseCashSales Tax Payable	fill in the blank 42	fill in the blank 43	fill in the blank 44
	Made credit card sales
Dec. 8	Accounts Payable/J. GorbeaAccounts Receivable/J. GorbeaCashSalesSales Discounts	fill in the blank 46	fill in the blank 47	fill in the blank 48
	Accounts Payable/J. GorbeaAccounts Receivable/J. GorbeaCashSalesSales Expense	fill in the blank 50/	fill in the blank 51	fill in the blank 52
	Received cash on account
Dec. 11	Accounts Payable/M. AndersonAccounts Receivable/M. AndersonCashSalesSales Returns and Allowances	fill in the blank 54	fill in the blank 55	fill in the blank 56
	Accounts Payable/M. AndersonAccounts Receivable/M. AndersonCashSalesSales Tax Payable	fill in the blank 58	fill in the blank 59	fill in the blank 60
	Accounts Payable/M. AndersonAccounts Receivable/M. AndersonCashSalesSales Tax Payable	fill in the blank 62/	fill in the blank 63	fill in the blank 64
	Returned merchandise
Dec. 14	Accounts PayableAccounts ReceivableCashSalesSales Tax Payable	fill in the blank 66	fill in the blank 67	fill in the blank 68
	Accounts PayableAccounts ReceivableCashSalesSales Returns and Allowances	fill in the blank 70	fill in the blank 71	fill in the blank 72
	Accounts PayableAccounts ReceivableCashSales Tax ExpenseSales Tax Payable	fill in the blank 74	fill in the blank 75	fill in the blank 76
	Made cash sales

GENERAL JOURNAL				PAGE 21
DATE	DESCRIPTION	POST. REF.	DEBIT	CREDIT
20--
Dec. 14	Accounts PayableAccounts ReceivableCashSalesSales Tax Payable	fill in the blank 78	fill in the blank 79	fill in the blank 80
	Accounts PayableAccounts ReceivableBank Credit Card ExpenseSalesSales Tax Payable	fill in the blank 82	fill in the blank 83	fill in the blank 84
	Accounts PayableAccounts ReceivableBank Credit Card ExpenseCashSales	fill in the blank 86	fill in the blank 87	fill in the blank 88
	Accounts PayableAccounts ReceivableBank Credit Card ExpenseSales Tax PayableSales Tax Revenue	fill in the blank 90	fill in the blank 91	fill in the blank 92
	Made credit card sales
Dec. 20	Accounts Payable/T. WilsonAccounts Receivable/T. WilsonCashSalesSales Discounts	fill in the blank 94	fill in the blank 95	fill in the blank 96
	Accounts Payable/T. WilsonAccounts Receivable/T. WilsonCashSalaries PayableSales	fill in the blank 98/	fill in the blank 99	fill in the blank 100
	Received cash on account
Dec. 21	Accounts Payable/Ansel ManufacturingAccounts Receivable/Ansel ManufacturingCashSalesSales Returns and Allowances	fill in the blank 102	fill in the blank 103	fill in the blank 104
	Accounts Payable/Ansel ManufacturingAccounts Receivable/Ansel ManufacturingCashSalesSales Tax Payable	fill in the blank 106	fill in the blank 107	fill in the blank 108
	Accounts Payable/Ansel ManufacturingAccounts Receivable/Ansel ManufacturingCashSalesSales Tax Payable	fill in the blank 110/	fill in the blank 111	fill in the blank 112
	Returned merchandise
Dec. 21	Accounts PayableAccounts ReceivableCashSalesSales Tax Payable	fill in the blank 114	fill in the blank 115	fill in the blank 116
	Accounts PayableAccounts ReceivableCashSalesSales Discounts	fill in the blank 118	fill in the blank 119	fill in the blank 120
	Accounts PayableAccounts ReceivableCashSales Tax ExpenseSales Tax Payable	fill in the blank 122	fill in the blank 123	fill in the blank 124
	Made cash sales
Dec. 24	Accounts Payable/R. CarsonAccounts Receivable/R. CarsonCashSalesSales Returns and Allowances	fill in the blank 126	fill in the blank 127	fill in the blank 128
	Accounts Payable/R. CarsonAccounts Receivable/R. CarsonCashSalesUnearned Sales Revenue	fill in the blank 130/	fill in the blank 131	fill in the blank 132
	Received cash on account