Precision Electronics began operations September 1, 20X1. The firm sells its merchandise for cash and on open account. Sales are subject to a 7 percent sales tax. The terms for all sales on credit are net 30. During September, Precision Electronics engaged in the following transactions: DATE 20x1 TRANSACTIONS Sept. 1 Sold a high-definition television set on credit to Cindy Chin; issued Sales Slip 101 for $1,200 plus sales tax of $84. 3 Sold stereo eqhipment on credit to Bob Perez; issued Sales Slip 102 for $1,400 plus sales tax of $98. 7 Sold a microwave oven on credit to Bobbi Huber; issued Sales Slip 103 for $250 plus sales tax of $17.50. 12 Accepted return of defective stereo equipment from Bob Perez; issued 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 $9,400 plus sales tax of $658. 16 Sold a gas dryer on credit to Katie Kilgore; issued Sales Slip 104 for $600 plus sales tax of $42. 17 Sold a home entertainment system on credit to James Washington; issued Sales Slip 105 for $1,300 plus sales tax of $91. 18 Received $784 from Cindy Chin on account. 20 Received payment in full from Bob Perez for the sale of September 3, less the return of September 12. 25 Cave Janes Washington 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. 27 Received payment in full from Bobbi Huber for the sale of September 7. 29 Sold a dishwasher on credit to James Washington; issued Sales Slip 106 for $800 plus sales tax of $56. 30 Recorded cash sales for the period from September 16 to September 30 of $12,100 plus sales tax of $847. GENERAL LEDGER ACCOUNTS 101 Cash 111 Accounts Receivable 221 Sales Tax Payable 401 Sales 421 Sales Returns and Allowances GENERAL LEDGER Date Sept. 15, 20X1 Cash Account No. 101 Accounts Receivable Account No. 111 Debit Credit Balance Date Debit Credit Balance 9,400.00 9,400.00 Sept. 18, 20X1 784 Sept. 20, 20X1 Sept. 27, 20X1 Sept. 30, 20X1 Sept. 30, 20X1 Calan Toy Bauble Sales Tax Payable Date Account No. 221 Sales Account No. 401 Debit Credit Balance Date Debit Credit Balance Account No. 421 Debit Credit Balance Sales Returns and Allowances Date Date Cindy Chin ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER Debit Credit James Washington Date Date Katie Kilgore Balance Bobbi Huber Date Debit Credit Balance Bob Perez Debit Credit Balance Date Debit Credit Balance Debit Credit Balance Complete this question by entering your answers General Ledgers Schedule of Analyze AR Prepare a schedule of accounts receivable. PRECISION ELECTRONICS Schedule of Accounts Receivable September 30, 20X1 Cindy Chin Bobbi Huber Katie Kilgore Bob Perez James Washington Total $ EA 0.00 < General Ledgers ces Required: 2. Post the entries from the general journal into the appropriate accounts in the general ledger and in the accounts receivable ledger. 3. Prepare a schedule of accounts receivable. Analyze: What is the amount of sales tax owed at September 30, 20X1? Complete this question by entering your answers in the tabs below. General Ledgers Schedule of AR Analyze What is the amount of sales tax owed at September 30, 20X1? (Round your answer to 2 decimal places.) Sales tax owed