Help Exceptional Electronics began operations September 1, 2019. The firm sells ts merchandise for cash and on open account Sales subject to a 7 percent sales tax. During September, Exceptional Electronics engaged in the following transactions ar DATE 2019 TRANSACTIONS Sept. 1 Sold a high-definition television set on credit to Candy Cho; issued Sales 3 Sold stereo equipment on credit to 3im Peterson; issued Sales Slip 102 for 7 Sold a microwave oven on credit to Bridgette Huffman; issued Sales Slip 10s 12 Accepted return of defective stereo equipment from 3im Peterson; issued Slip 101 for $1,900 plus sales tax of $133. $800 plus sales tax of $56. for $300 plus sales tax of $21. Credit Memorandum 101 for $100 plus sales tax of $7. The stereo equipment was sold on September 3 15 Recorded cash sales for the period from September 1 to September 15 of 16 Sold a gas dryer on credit to Kathy Sundstrand; issued Sales slip 104 for $10,300 plus sales tax of $721. $600 plus sales tax of $42 17 Sold a home entertainment system on credit to Mark Navalta; issued Sales s1sp 1e5 for $1,900 plus sales tax of $133. 18 Received $658 from Candy Cho on account. 20 Received payment in ful1 from Jin Peterson for the sale of September 3, less the return of September 12 25 Gave Mark Navalta an allowance because of scratches on his home entertainment system sold on September 17, Sales S1ip 105; issued Credit Memorandum 182 for $100 plus sales tax of $7 27 Received payment in ful1 from Bridgette Huffman for the sale of September 7. 29 Sold a dishwasher on credit to Mark Navalta; issued Sales Slip 186 for $400 plus sales tax of $28. Prey 2012 lll Next ) ere to ek 1 Exercise D elerson's lest Prep JATM CLEP - Get College 18 Received $650 from Candy Cho on account 20 Received payment in full from 3im Peterson for the sale of September 3, less 25 Gave Mark Help the return of September 12 Navalta an allowance because of scratches on his home entertainment system sold on September 17, Sales Slip 105; issued Credit Memorandum 102 for $100 plus sales tax of $7 plus sales tax of $28. $10,600 plus sales tax of $742. 27 Received payment in full from Bridgette Huffman for the sale of Septenber 7. 29 Sold a dishwasher on credit to Mark Navalta; issued Sales Slip 186 for $480 30 Recorded cash sales for the period from September 16 to September 38 of Required: Record the transactions in a general journal. ces Analyze: What portion of the sales during September were for entertainment items? Assume the cash sales transactions are for non- entertainment items. (Hint: Do not forget to reduce sales by any sales returns or allowances) Complete this question by entering your answers in the tabs below. General ournal Analyze Next e to search Journal entry worksheet 8 Sold a microwave oven on credit to Bridgette Huffman; issued Sales Slip 103 for $300 plus sales tax of $21. ok Note: Enter debits before credits. Date ral J Debit Sept 07.2019 Clear entry here to search Journal entry worksheet Sold a gas dryer on credit to Kathy Sundstrand; issued Sales Slip 104 for $600 plus sales tax of $42. ral J Sept 16,2019 2 of 2 Journal entry worksheet K1 2 3 4 5 678.. 13 Sold a home entertainment system on credit to Mark Navalta; issued Sales Slip 105 for $1,900 plus sales tax of $133. Note: Enter debits before credits. Credit Sept 17,2019 Clear entry
K Prey 2 of 2 pply: Week 1 Exercise 2 Journal entry worksheet 1....678 9 10 1213 Note: Enter debits before credits. eneral Debit Sept 27.2019 Prey 2 of 2 Next 2 Journal entry worksheet 113 1 6 7 8 9 10 11 Sold a dishwasher on credit to Mark Navalta; issued Sales Slip 106 for $400 plus sales tax of $28. Sept 29,2019 Clear entry Prey 20f 2111 Next> Journal entry worksheet 1 6 78 9 10 11 1213 Recorded cash sales for the period from September 16 to September 30 of $10,600 plus sales tax of $742. ces Debit Sept 30,2019 Clear entry Prey2 of 2 Next
