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Check my world Elegant Dining sells china, glassware, and other gift items that are subject to an 8 percent sales tax. The shop uses a

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Check my world Elegant Dining sells china, glassware, and other gift items that are subject to an 8 percent sales tax. The shop uses a general journal and a sales journal similar to those illustrated in this chapter. All customers have payment terms of 1/30 DATE TRANSACTIONS Nov 1 Sold china to Paola Jimenez: issued Sales Slip 1001 for $1.250 plus 5108 sales tax. 5 Sold a brass serving tray to Janet Hutchison; issued Sales Slip 1002 for $1.850 plus 5149 sales tax 6 Sold a vase to Charles Brown; issued Sales Slip 1083 for $450 plus $38 sales tax 10 Sold a punch bowl and glasses to Torri Namala; issued Sales Slip 1004 for $1.450 plus $118 sales tax. 14 Sold a set of serving bowls to Dorothy Watts; issued Sales Slip 1005 for $300 plus $24 sales tax 17 Gave Terri Namala an allowance because of a broken glass discovered when unpacking the punch bowl and glasses sold on November 10, Sales Slip 1004; issued Credit Memorandum 102 for $176.00, which includes sales tax of 313 21 Sold coffee table to Teresa Yu; issued sales slip 1008 for $2,950 plus $235 sales tax. 24 Sold Sterling silver teaspoons to Hank O'Connor: issued Sales Slip 1007 for $350 plus 528 sales tax. 25 Gave Teresa Vu an allowance for scratches on her coffee table sold on November 21. Sales Slip 1006: issued Credit Memorandum 103 for $396, which includes $29 in sales tax. 30 Sold a clock to Elena Bratianu; issued Sales Slip 1008 for $3,550 plus $284 sales tax. Required: 1. Record the transactions for November in the proper journal 2. Post to the accounts receivable ledger 3. Post the amounts from the general journal daily. Post the sales journal amount as a total of the end of the month 4. Prepare a schedule of accounts receivable. Compare the balance of the Accounts Receivable control account with the total of the schedule Analyze View transaction list Journal entry worksheet 1 Record the first entry required in the general journal. Note: Enter debits before credits Date Debit Credit Nov. 17, 20X1 General Journal Sales returns and allowances Sales tax payable Accounts receivable/Tom Namala 13

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