1. J. K. Bijan owns a retail business and made the following sales on account during the month of August 20--. There is a 6% sales tax on all sales.
2. Aug. 1Sale No. 213 to Jung Manufacturing Co., $1,200 plus sales tax.3Sale No. 214 to Hassad Co., $3,600 plus sales tax.7Sale No. 215 to Helsinki, Inc., $1,400 plus sales tax. (Open a new account for this customer. Address is 125 Fishers Dr., Noblesville, IN 47870-8867.)11Sale No. 216 to Ardis Myler, $1,280 plus sales tax.18Sale No. 217 to Hassad Co., $4,330 plus sales tax.22Sale No. 218 to Jung Manufacturing Co., $2,000 plus sales tax.30Sale No. 219 to Ardis Myler, $1,610 plus sales tax.
3. Required:
4. 1.Record the transactions starting on page 15 of a general journal. Enter the posting references when you complete part 2.
5. GENERAL JOURNALPAGE 15DATEDESCRIPTIONPOST. REF.DEBITCREDIT20--Aug. 1
6. /
8. Sale No. 213Aug. 3
9. /
11. Sale No. 214Aug. 7
12. /
14. Sale No. 215Aug. 11
15. /
17. Sale No. 216Aug. 18
18. /
20. Sale No. 217Aug. 22
21. /
23. Sale No. 218Aug. 30
24. /
26. Sale No. 219
27. 2.Post from the journal to the general ledger and accounts receivable ledger.
28. GENERAL LEDGERACCOUNTAccounts ReceivableACCOUNT NO.122BALANCEDATEITEMPOST. REF.DEBITCREDITDEBITCREDIT20--
44. ACCOUNTSales Tax PayableACCOUNT NO.231BALANCEDATEITEMPOST. REF.DEBITCREDITDEBITCREDIT20--
60. ACCOUNTSalesACCOUNT NO.401BALANCEDATEITEMPOST. REF.DEBITCREDITDEBITCREDIT20--
76. ACCOUNTS RECEIVABLE LEDGERNAMEHassad Co.ADDRESS1225 W. Temperance Street, Elletsville, IN 47429-9976DATEITEMPOST. REF.DEBITCREDITBALANCE20--
82. NAMEHelsinki, Inc.ADDRESS125 Fishers Drive, Noblesville, IN 47870-8867DATEITEMPOST. REF.DEBITCREDITBALANCE20--
86. NAMEJung Manufacturing Co.ADDRESS8825 Old State Road, Bloomington, IN 47401-8823DATEITEMPOST. REF.DEBITCREDITBALANCE20--
92. NAMEArdis MylerADDRESS2100 Greer Lane, Bedford, IN 47421-8876DATEITEMPOST. REF.DEBITCREDITBALANCE20--