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Read the descriptions of the following transactions that occurred during the accounting period for Mario's Electronics. A. Sold $1,400 in merchandise on credit. The transaction

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Read the descriptions of the following transactions that occurred during the accounting period for Mario's Electronics. A. Sold $1,400 in merchandise on credit. The transaction did not involve sales tax. B. Gave a $600 allowance to a credit customer for damaged merchandise. The original sale was subject to 8% sales tax. C. Received a check for $40 from a credit customer on account. D. Sold $500 in merchandise for cash. The transaction is subject to 10% sales tax E. Accepted a return of $140 in merchandise from a credit customer. The original sale was subject to 4% sales tax. Prepare the general journal entries for the above transactions. (Round your answer to the nearest whole number.) Journal entry worksheet 45 Sold $1,400 in merchandise on credit. The transaction did not involve sales tax

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