Enter the following transactions in the appropriate journal. Journals are provided below.

February

5

Sold merchandise on account to D. Frank, $2,000, plus sales tax of $50. Sale No. 100.

10

K. Silver made $750 payment on account.

13

Issued credit memo to D. Frank, $80, plus sales tax of $5.

18

Cash sales for the week were $3,000, plus sales tax of $150.

21

Sold merchandise on account to B. Cooper, $1,500, plus sales tax of $75. Sale No. 101.

25

Received a loan from the bank in the amount of $10,000.

Complete your work below using the format provided.

GENERAL JOURNAL

DATE

DESCRIPTION

POST REF

DEBIT

CREDIT

SALES JOURNAL

DATE

Sale No.

To Whom Sold

POST REF

Accounts Receivable Debit

Sales Credit

Sales Tax Payable Credit

Date

CASH RECEIPTS JOURNAL

DATE

Account Credited

POST REF

General Credit

Accounts Receivable Credit

Sales Credit

Sales Tax Payable Credit

Cash Debit

Date