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Problem 7.3A (Algo) Posting transactions to the general ledger and accounts receivable ledger. LO 7.4, 7.5 Exceptional Electronics began operations September 1, 20x1. The firm

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Problem 7.3A (Algo) Posting transactions to the general ledger and accounts receivable ledger. LO 7.4, 7.5 Exceptional 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, Exceptional Electronics engaged in the following transactions, 7 Sold a nicrowave oven on credit to bridgette Huffean; issued Sales SHip 103 for $200 plus sales tax of $14. 12 Accepted return of defective stereo equipeent froe jis Peterson; issued Credit Menoranduan sales for s1ee plus sales tak of 57. The stereo equipeent was sold on Septenber 3 . 15 Hecorded cash sales for the period from Septeobec 1 to septenber 15 of $10,200 plus sales tax of $714. 16 5old a cas dryer on credit to Kathy Sundstrand; issued Sales ship 104 for \$500 plus sales tax of \$315. 17 Sold a hoee entertairoent syster on credit to Mark Navalta; issued Sales s1ip tes for \$1, 800 plus 5ales tax of \$126. 18 Recelind 5640 fron Candy cho on account. 20 Meceived pryment in full froe 3 in Peterion for the wale of Septenber 3, less the return of 5 eptenber 12. 25 Gave Hark Navalta an allowance because of scratches on his home entertainment systen wold on septenber 17, sales 519p 1es; issued credit Menorandun 102 for $200 plus sales tax of $14 27 Received paynent in full fron Eridgette Huffaan for the sale of septenter 7. 29 Sold a distiwasher on credit to Mark Mavalta; issued Sales S1ip 106 for $600 plus sales tax of 542 . 30. Reconded cash vales for the period fron Septeaber 16 to septraber 30 of $10,500 plus sales tax of 3735 . GENERAL LEDGER ACCOUNTS Prepare a schedule of accounts receivable. What is the amount of sales tax owed at September 30,201? Complete this question by entering your answers in the tabs below. What is the amount of sales tax owed at September 30,201

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