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Question 8 (15 points) 3 I w The following is list of accounts in alphabetical order each represented by letter(s). Use the following list of

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Question 8 (15 points) 3 I w The following is list of accounts in alphabetical order each represented by letter(s). Use the following list of accounts for journalizing transactions. 6 A o B P E Q Notes Payable Notes Receivable Premium on Bonds Payable Rent Expense Retained Earings Salaries & Wages Expense 12 F R G S Accounts Payable Accounts Receivable Bonds Payable Capital Lease Payable Cash Cost of Goods Sold Discount on Bonds Payable Equipment Income Tax Payable Interest Expense Interest Payable Merchandise Inventory H T 1 U Sales Revenue J K V w Sales Tax Payable Supplies Utilities Expense Income Summary M Y N Z Common Stock e 1: 2 3 2 13 5 6 Example of Answer: G3000.00D, B2000.00D, 5000.00C Where each box represents a journal entry line. In the first box, G denotes Cash account, 3000 is the amount, D stands for debit. In the second box: B denotes Accounts Receivable account, 2000 is the amount, D stands for debit. And in the third box: U denotes Sales Revenue, 5000 is the amount and C stands for credit. The letters are in capital. Don't use dollar sign, comma, or space in any place. If in an entry requires more than one debitor credit accounts, first enter debit accounts (in order of dollar amount - large amount to small amount), then the credit accounts (in order of dollar amount - large amount to small amount). If no entry is required in a box, type in No Entry 8 9 10 > 0 11 12 1 13 Question: Sara Company purchased a delivery truck at $40,000 plus 8% sales taxes. Sara paid $5,000 in cash and financed the rest at 3.75% requiring 36 equal monthly payments at the end of each month. Click here to use Excel Example of Answer: A5678.200 A15000.00D Two Decimal Points. No comma, space, or dollar sign. Band.mdbamadinon muchodnia hp Hay LS BL LII NU UI EL THUITLIT. Page 1: 2 3 1 2 1 Click here to use Excel. Example of Answer: A5678.20D A15000.00D Two Decimal Points. No comma, space, or dollar sign. 4 5 6 -- Provide the journal that must be made on purchase date. 7 8 9 Answer - 10 12 A ! A 13 Compute the amount of monthly payment, Answer - Provide journal entry for 24 monthly payment 1 2 60 3 Provide journal entry for 2nd monthly payment. 4 5 6 su 10 Answer = A 7 8 9

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