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The Elegant Table sells china, glassware, and other gift items that are subject to an 8 percent sales tax. The shop uses general journal and a sales journal similar to those illustrated in this chapter. All customers have payment terms of n/30. ante trunsactions Nov. I Sold china to Pouline Judge; issued sales 51ip 1001 for $1,425 plus $114 sales tax. 5 Sold a brass serving tray to Janet Hutchison; issued Sales Slip 1692 for $2,025 plus $162 sales tax. 6 Sold a vase to Charles Bromn; issued Sales sip1003 for $625 plus 550 sales tax. 1e Sold a punch bowl and iglasses to Lisa Morgan; issued Sales Slip 1004 for $1,625 plus \$130 sales tax. 14 Sold a set of serving bem1s to Dorothy watts; issued Sales slip 18es for $475 plus $38 sales tax, 17 Gave tisa Morgan an allowance because of a broken glass discovered when unpacking the punch bowl and glasses sold on Novenber 10, Soles S1fp 1004; issued Credit Memorandun 102 for \$168, which includes sales tax of \$13. 21 Sold a coffee table to Teresa Yu; issued Sales 5lip 1086 for $3,125 plus $250 sales tax. 24 Sold sterling silver teaspoons to Henry Okafor; issued Sales Siip 1007 for $525 plus 542 sales tax. 25 Gave Teresa Yu an allowance for scratches on her coffee table sold on Novenber 21, Sales 51ip 10063 issued Credit Menorandum 103 for 3304 , which includes 529 in sales tax. 30 Sold a clock to Elaine Brock; issued Sales 51ip peed for 53,725 plus $298 sales tax. Required: 1. Record the transactions for November in the proper joumal. 2. Post to the accounts receivable ledger. 3. Post the amounts from the general journal daily. Post the sales journal amount as a total at the end of the month. 4. Prepare a schedule of accounts recelvable. Compare the balance of the Accounts Receivable control account with the total of the schedule. Analyze: Which customer has the highest balance owed at November 30 ? Prepare a sales journal to record the above transactions. Prepare general journal entries as needed. Janet Hutchison Terms: n/30 Pauline Judge Terms: n30 Batance Dorothy Watts Iorms: n30 Teresa Yu Terms: n30 Balance Balance Prepare a schedule of accounts receivable