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eral ledger as appropriate. sci nd post to the gen- are a schedule of accounts receivable for the end of June. Prep following transactions of

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eral ledger as appropriate. sci nd post to the gen- are a schedule of accounts receivable for the end of June. Prep following transactions of Jack'sAuto Supply occurred in January ances as of January 1 are given for general ledger and accounts ???01.2.3 L012.3 ( receivable ledger accounts: Nonack, $1,400 Dr.; Seth :Accounts Receivable, $1,650 Dr.; Sales Tax Payable, $1,000 Cr. , $50 Dr.; Corner, $200 Dr.; 200 Dr. sure to enter these balances in your working papers before beginning. 201X January Sold auto parts merchandise to R. Nonack on account, $700, invoice no, 70, plus 2% sales tax. Sold auto parts merchandise to J. Seth on account, $600, invoice no. 71, plus 2% sales tax. Sold auto parts merchandise to Lance Corner on account, $11,000, invoice no. 72, plus 2% sales tax. Issued credit memorandum no. 12 to R. Nonack for $950 for defective auto parts merchandise returned from January 1 transaction. (Be careful to record the reduction in Sales Tax Payable as well.) Sold auto parts merchandise to J. Seth on account, $600, invoice no. 73, plus 2% sales tax. 1 5 Check Figure: Schedule of accounts receivable 8 10 12

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