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Instructions Chart of Accounts General Journal nstructions On March 25, Osgood Company sold merchandise on account, $10,000, terms 1/30 The applicable sales tax percentage is

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Instructions Chart of Accounts General Journal nstructions On March 25, Osgood Company sold merchandise on account, $10,000, terms 1/30 The applicable sales tax percentage is 75% Required: Record the transaction Refer to the Chart of Accounts for exact wording of account titles Instructions Chart of Accounts General Journal Instructions Chart of Accounts On CHART OF ACCOUNTS Osgood Company General Ledger ASSETS REVENUE 110 Cash 410 Sales 120 Accounts Receivable 125 Notes Receivable EXPENSES 130 Inventory 131 Estimated Returns Inventory 510 Cost of Goods Sold 521 Delivery Expense Instructions Chart of Accounts General Journal Instructions On Chart of Accounts 140 Supplies 142 Prepaid Insurance 522 Advertising Expense 523 Depreciation Expense 526 Salaries Expense 180 Land 190 Equipment 191 Accumulated Depreciation 531 Rent Expense 533 Insurance Expense 534 Supplies Expense 536 Credit Card Expense 560 Miscellaneous Expense 710 Interest Expense LIABILITIES 210 Accounts Payable 216 Salanes Payable 221 Sales Tax Payable 222 Customer Refunds Payable 231 Unearned Rent Instructions Chart of Accounts General Journal Instructions Chart of Accounts 216 Salaries Payable On 710 Interest Expense 221 Sales Tax Payable 222 Customer Refunds Payable 231 Unearned Rent 241 Notes Payable EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends Instructions Chart of Accounts General Journal Instructions or Chart of Accounts General ouma Record the journeres on March 25 Refer to the Chart Accounts for exact worry accounts POE JOURNAL DUTC DESCRIPTION POOT.ME CREDIT CA ASTS

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