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Problem 7.4A (Static) Recording sales transactions, posting to the accounts receivable ledger, and preparing a schedule of accounts receivable. LO 7-1, 7-2, 7-3, 7-4, 7-5,

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Problem 7.4A (Static) Recording sales transactions, posting to the accounts receivable ledger, and preparing a schedule of accounts receivable. LO 7-1, 7-2, 7-3, 7-4, 7-5, 7-6 Bella Floral Designs is a wholesale shop that sells flowers, plants, and plant supplles. The transactions shown below took place during January. All customers have credit terms of n/30. DATE TRANSACTIONS Jan. 3 Sold a floral arrangement to Thomas Florist; issued Invoice 1081 for $600. 8 Sold potted plants to Carter Garden Supply; issued Invoice 1082 for $825. 9 Sold floral arrangenents to Thonasville Flower Shop; issued Invoice 1083 for $482. 10 Sold corsages to Moore's Flower Shop; issued Invoice 1084 for $630. 15 Gave Thomasville Flower Shop an allowance because of withered blossoms discovered in one of the floral arrangements sold on Invoice 1083 on January 9; issued Credit Memorandum 101 for $60. 20 Sold table arrangenents to Cedar Hill Florat Shop; issued Invoice 1085 for $580. 22 Sold plants to Applegate Nursery; issued Invoice 1086 for $780. 25 Sold roses to Moore's Flower Shop; issued Invoice 1087 for $437. 27 Sold several floral arrangements to Thomas Florist; issued Invoice 1088 for $975. 31 Gave Thomas Florist an allowance because of withered blossons discovered in one of the floral arrangements sold on Invoice 1088 on January 27; issued Credit Memorandum 102 for $200. Required: 1. Record the transactions in the proper journal. 2. Post to the accounts receivable ledger. 3. Post the amounts from the general journal daily. Post the sales journal amount as a total at the end of the month. 4. Prepare a schedule of accounts recelvable. Compare the balance of the Accounts Receivable control account with the total of the schedule. Analyze: Damaged goods decreased sales by what dollar amount? By what percentage amount? Prepare a sales journal to record the above transactions. Prepare general journal entries as needed. Journal entry worksheet Record the first entry required in the general journal. Note: Enter debits before credits. Journal entry worksheet Record the second entry required in the general journal. Note: Enter debits before credits. Prepare a schedule of accounts receivable. Damaged goods decreased sales by what dollar amount? By what percentage amount? (Roi decimal place.) Damaged goods decreased sales revenue by

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