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Im resubmitting this question. it was previosly answered incorrectly. please note journal has 4 entries. thank you! question #14 Calculator General Journal Journalize the sales

Im resubmitting this question. it was previosly answered incorrectly. please note journal has 4 entries. thank you! question #14 image text in transcribed
image text in transcribed
image text in transcribed
Calculator General Journal Journalize the sales and recognition of expense on March 4. Refer to the Chart of Accounts for exact wording of account titde Round your answers to two decimal places PAGE 1 JOURNAL DATE DESCRIPTION POST, REF. DEBIT CREDIT CHART OF ACCOUNTS Micro Sales General Ledger REVENUE ASSETS 410 Sales 110 Cash 120 Accounts Receivable 125 Notes Receivable 130 Merchandise Inventory 131 Estimated Returns Inventory 140 Supplies 142 Prepaid Insurance 180 Land 190 Equipment 191 Accumulated Depreciation EXPENSES 510 Cost of Merchandise Sold 521 Delivery Expense 522 Advertising Expense 523 Depreciation Expense 526 Salaries Expense 531 Rent Expense 533 Insurance Expense 534 Supplies Expense 536 Credit Card Expense 560 Miscellaneous Expense 710 Interest Expense LIABILITIES 210 Accounts Payable 216 Salaries Payable 221 Sales Tax Payable 222 Customers Refunds Payable 231 Unearned Rent 241 Notes Payable EQUITY 310 Owner Capital 311 Owner, Drawing 312 Income Summary Calculator General Journal Instructions On March 4, Micro Sales makes $3,400 in sales on bank credit cards which charge a 2% service charge and deposits the funds into Micro Sales' bank accounts at the end of the business day Required: Journalize the sales and recognition of expense. Reter to the Chart of Accounts for exact wording of account toides. Round your answers to two decimal places

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