Problem 7.1A

Creative Kitchens began operations March 1, 20X1. The firm sells its merchandise for cash and on open account. Sales are subject to a 6 percent sales tax.

For

For the Analyze question just add up all of the debit amounts under cash" in the general ledger.

Hope this helps!

Problem 7.1A (Algo) Recording sales and cash recelpts for a retall store. LO 7.1 Creative Kitchens began operations March 1, 20X1. The firm sells its merchandlse for cash and on open account. Sales are subject to a 6 percent sales tax. The terms for all sales on credit are net 30. During March, Creatlve Kitchens engaged In the following transactions: DATE TRANSACTIONS March 1, 261 Sold nerchandise on credit to Bob DAngelo; issued Sales 51ip101 for $550 plus sales tax of $33. March 4, 261 Sold nerchandise on credit to Geeta Anchal; issued Sales 51ip102 for $900 plus sales tax of $54. March 12, 26x1 Sold nerchandise on credit to Candy Martinez; issued Sales S1ip 103 for $1,150 plus sales tax of $69. March 15, 26x1 Recorded cash sales for the period fron March 1 to March 15 of $7,280 plus sales tax of $432. March 25, 26x1 Sold nerchandise on credit to Jack 0'Donnell; issued Sales S1ip 104 for $850 plus sales tax of $51. March 28, 26X1 Received a check from Geeta Anchal of $189 to apply toward his account. March 31, 26x1 Recorded cash sales for the period fron March 16 to March 31 of $4,100 plus sales tax of $246. March 31, 26x1 Received payment in full from Bob D'Angelo for the sale of March 1. Required: 2 Record the transactions in a general journal. 3. Post the entrles from the general Journal to the approprlate general ledger accounts. GENERAL LEDGER ACCOUNTS 101 Cash, \$12,960 Debit Sales Tax Payable 111 Accounts Receivable Sales Analyze: What were the total cash recelpts during March? Answer is complete and correct. Complete this question by entering your answers in the tabs below. Record the transactions in a general journal. Creative Kitchens began operations March 1, 20X1. The firm sells its merchandise for cash and on open account. Sales are subject to a 6 percent sales tax. The terms for all sales on credit are net 30. During March, Creative Kitchens engaged in the following transactions: DATE March 1, 20x1 March 4, 20X1 March 12, 20x1 March 15, 20x1 March 25, 20X1 March 28, 20X1 March 31, 20X1 March 31, 20x1 TRANSACTIONS Sold merchandise on credit to Bob D'Angelo; issued Sales Slip 101 for $550 plus sales tax of $33. Sold merchandise on credit to Geeta Anchal; issued Sales slip 102 for $900 plus sales tax of $54. Sold merchandise on credit to Candy Martinez; issued Sales slip 103 for $1,150 plus sales tax of $69. Recorded cash sales for the period from March 1 to March 15 of $7,200 plus sales tax of $432. Sold merchandise on credit to Jack ODonnell; issued Sales Slip 104 for $850 plus sales tax of $51. Received a check from Geeta Anchal of $180 to apply toward his account. Recorded cash sales for the period from March 16 to March 31 of $4,100 plus sales tax of $246. Received payment in full from Bob D'Angelo for the sale of March 1. Required: 2. Record the transactions in a general journal. 3. Post the entries from the general journal to the appropriate general ledger accounts. Analyze: What were the total cash receipts during March? Answer is complete and correct. Complete this question by entering your answers in the tabs below. Post the entries from the general journal to the appropriate general ledger accounts. Creative Kitchens began operations March 1,201. The firm sells its merchandise for cash and on open account. Sales are subject to 6 percent sales tax. The terms for all sales on credit are net 30. During March, Creative Kitchens engaged in the following transactions DATE TRANSACTIONS March 1, 20x1 Sold merchandise on credit to Bob DAngelo; issued Sales Slip 101 for $550 plus sales tax of $33. March 4, 20x1 Sold merchandise on credit to Geeta Anchal; issued Sales Slip 102 for $900 plus sales tax of $54. March 12, 201 Sold merchandise on credit to Candy Martinez; issued Sales slip 103 for $1,150 plus sales tax of $69. March 15, 20X1 Recorded cash sales for the period from March 1 to March 15 of $7,200 plus sales tax of $432. March 25, 20X1 Sold merchandise on credit to Jack 0'Donnell; issued Sales Slip 104 for $850 plus sales tax of $51. March 28, 201 Received a check from Geeta Anchal of $180 to apply toward his account. March 31, 20x1 Recorded cash sales for the period from March 16 to March 31 of $4,100 plus sales tax of $246. March 31, 20X1 Received payment in full from Bob D'Angelo for the sale of March 1. Required: 2. Record the transactions in a general journal. 3. Post the entries from the general journal to the appropriate general ledger accounts. Analyze: What were the total cash receipts during March? Answer is complete and correct. Complete this question by entering your answers in the tabs below. What were the total cash receipts during March? Problem 7.1A (Algo) Recording sales and cash recelpts for a retall store. LO 7.1 Creative Kitchens began operations March 1, 20X1. The firm sells its merchandlse for cash and on open account. Sales are subject to a 6 percent sales tax. The terms for all sales on credit are net 30. During March, Creatlve Kitchens engaged In the following transactions: DATE TRANSACTIONS March 1, 261 Sold nerchandise on credit to Bob DAngelo; issued Sales 51ip101 for $550 plus sales tax of $33. March 4, 261 Sold nerchandise on credit to Geeta Anchal; issued Sales 51ip102 for $900 plus sales tax of $54. March 12, 26x1 Sold nerchandise on credit to Candy Martinez; issued Sales S1ip 103 for $1,150 plus sales tax of $69. March 15, 26x1 Recorded cash sales for the period fron March 1 to March 15 of $7,280 plus sales tax of $432. March 25, 26x1 Sold nerchandise on credit to Jack 0'Donnell; issued Sales S1ip 104 for $850 plus sales tax of $51. March 28, 26X1 Received a check from Geeta Anchal of $189 to apply toward his account. March 31, 26x1 Recorded cash sales for the period fron March 16 to March 31 of $4,100 plus sales tax of $246. March 31, 26x1 Received payment in full from Bob D'Angelo for the sale of March 1. Required: 2 Record the transactions in a general journal. 3. Post the entrles from the general Journal to the approprlate general ledger accounts. GENERAL LEDGER ACCOUNTS 101 Cash, \$12,960 Debit Sales Tax Payable 111 Accounts Receivable Sales Analyze: What were the total cash recelpts during March? Answer is complete and correct. Complete this question by entering your answers in the tabs below. Record the transactions in a general journal. Creative Kitchens began operations March 1, 20X1. The firm sells its merchandise for cash and on open account. Sales are subject to a 6 percent sales tax. The terms for all sales on credit are net 30. During March, Creative Kitchens engaged in the following transactions: DATE March 1, 20x1 March 4, 20X1 March 12, 20x1 March 15, 20x1 March 25, 20X1 March 28, 20X1 March 31, 20X1 March 31, 20x1 TRANSACTIONS Sold merchandise on credit to Bob D'Angelo; issued Sales Slip 101 for $550 plus sales tax of $33. Sold merchandise on credit to Geeta Anchal; issued Sales slip 102 for $900 plus sales tax of $54. Sold merchandise on credit to Candy Martinez; issued Sales slip 103 for $1,150 plus sales tax of $69. Recorded cash sales for the period from March 1 to March 15 of $7,200 plus sales tax of $432. Sold merchandise on credit to Jack ODonnell; issued Sales Slip 104 for $850 plus sales tax of $51. Received a check from Geeta Anchal of $180 to apply toward his account. Recorded cash sales for the period from March 16 to March 31 of $4,100 plus sales tax of $246. Received payment in full from Bob D'Angelo for the sale of March 1. Required: 2. Record the transactions in a general journal. 3. Post the entries from the general journal to the appropriate general ledger accounts. Analyze: What were the total cash receipts during March? Answer is complete and correct. Complete this question by entering your answers in the tabs below. Post the entries from the general journal to the appropriate general ledger accounts. Creative Kitchens began operations March 1,201. The firm sells its merchandise for cash and on open account. Sales are subject to 6 percent sales tax. The terms for all sales on credit are net 30. During March, Creative Kitchens engaged in the following transactions DATE TRANSACTIONS March 1, 20x1 Sold merchandise on credit to Bob DAngelo; issued Sales Slip 101 for $550 plus sales tax of $33. March 4, 20x1 Sold merchandise on credit to Geeta Anchal; issued Sales Slip 102 for $900 plus sales tax of $54. March 12, 201 Sold merchandise on credit to Candy Martinez; issued Sales slip 103 for $1,150 plus sales tax of $69. March 15, 20X1 Recorded cash sales for the period from March 1 to March 15 of $7,200 plus sales tax of $432. March 25, 20X1 Sold merchandise on credit to Jack 0'Donnell; issued Sales Slip 104 for $850 plus sales tax of $51. March 28, 201 Received a check from Geeta Anchal of $180 to apply toward his account. March 31, 20x1 Recorded cash sales for the period from March 16 to March 31 of $4,100 plus sales tax of $246. March 31, 20X1 Received payment in full from Bob D'Angelo for the sale of March 1. Required: 2. Record the transactions in a general journal. 3. Post the entries from the general journal to the appropriate general ledger accounts. Analyze: What were the total cash receipts during March? Answer is complete and correct. Complete this question by entering your answers in the tabs below. What were the total cash receipts during March