Sales and Cash Receipts Transactions Sourk Distributors is a retail business. The following sales, returns, and cash receipts occurred during March 20--. There is an 8% sales tax. Mar. 1 Sale on account No. 33C to Donachie & Co., $1.600 plus sales tax. 3 Sale on account No. 33D to R. J. Kibubu, Inc., $2,050 plus sales tax 5 Donachie & Co. returned merchandise from Sale No. 33C for a credit (Credit Memo No. 66), $30 plus sales tax. 7 Cash sales for the week were $3,090 plus sales tax. 10 Received payment from Donachie & Co. for Sale No. 33C less Credit Memo No. 66. 11 Sale on account No. 33E to Eck Bakery, $1,180 plus sales tax. 13 Received payment from R. J. Kibubu for Sale No. 33D. 14 Cash sales for the week were $4,200 plus sales tax. 16 Eck Bakery returned merchandise from Sale No. 33E for a credit (Credit Memo No. 67), $33 plus sales tax. 18 Sale on account No. 33F to R. J. Kibubu, Inc., $2,700 plus sales tax. 20 Received payment from Eck Bakery for Sale No. 33E less Credit Memo No. 67. 21 Cash sales for the week were $2,500 plus sales tax. 25 Sale on account No. 33G to Eck Bakery, $2,010 plus sales tax. 27 Sale on account No. 33H to Whitaker Group, $2,190 plus sales tax. 28 Cash sales for the week were $3,300 plus sales tax. ancwere tn the nearest cent. If an amount box does not require an entry, leave it rad ndw - 1. Record the transactions in the general journal. If required, round your answers to the nearest cent. If an amount box does not require an entry, leave it blank GENERAL JOURNAL PAGE 7 DATE DESCRIPTION POST. REF. CREDIT DEBIT 20- Mar. 1 122/V 401 231 122/V Mar. 3 401 231 401.1 Mar. 5 Accounting numeric field 231 122/V 231 122/V 101 Mar. 7 401 231 101 Mar. 10 122/V 122/V Mar. 11 401 231 101 Mar. 13 . 13 101 122/V PAGE 8 GENERAL JOURNAL CREDIT DEBIT POST. REF. DESCRIPTION DATE 20-- 101 a. 14 401 231 401.1 Mar. 16 231 122/V Accountin 122/V Mar. 18 401 122/V Mar. 18 401 231 Mar. 20 101 122/V Mar. 21 101 401 231 Mar. 25 122/V 401 231 401 231 Mar. 27 122/V 401 231 PAGE 9 GENERAL JOURNAL DEBIT CREDIT POST. REF. DESCRIPTION DATE 20-- 101 Mar. 28 401 231 2. Beginning general ledger account and customer account balances have been entered below. Post from the journal to the general ledger and accounts receivable ledger accounts. When required, enter amounts in dollars and cents. If an amount box does not require an entry, leave blank. After posting to the general ledger, go to part 1 and complete the posting. GENERAL LEDGER ACCOUNT Cash ACCOUNT NO. 101 BALANCE DATE POST. REF ITEM DEBIT CREDIT DEBIT CREDIT 20- Mar. 1 Balance 9,575 Mar. 7 37 Mar. 10 37 Mar. 13 37 Mar 14 28 Mar. 20 1,238.76 22,596.56- Mar. 21 J8 Mar 28 Accounts Receiva ble ACCOUNT NO. 122 ACCOUNT BALANCE CREDIT ITEM POST. REF. DEBIT DATE DEBIT CREDIT 20-- V 1,023 Mar. 1 Balance J7 Mar. 1 J7 Mar. 3 J7 Mar. 5 J7 Mar. 10 4,511.4 1,274.4 Mar. 11 J7 Mar. 13 Mar. 16 Mar. 18 Mar. 20 6,109.8 2,170.8 Mar. 25 Mar. 27 7 18 18 98 18 231 ACCOUNT NO. Sales Tax Payable ACCOUNT BALANCE CREDIT CREDIT DEBIT DEBIT ITEM POST. REF. DATE 20-- J7 Mar. 1 Mar. 3 J7 Mar. 5 Mar. 7 94.4 631.2 Mar. 11 J7 Mar. 14 Mar. 16 J8 Mar. 18 Mar. 21 1,541.36 Mar. 25 160.8 Mar. 27 Mar. 28 J9 7 17 18 18 8 898 401 ACCOUNT NO. Sales ACCOUNT BALANCE CREDIT DEBIT CREDIT DEBIT ITEM POST. REF. DATE 20- J7 Mar. 1 J7 Mar. 3 J7 Mar. 7 J7 Mar. 11 12,120 4,200 J8 Mar. 14 J8 Mar. 18 J8 Mar. 21 J8 Mar. 25 J8 Mar. 27 Mar. 28 999 Sales Returns and Allowances ACCOUNT 401.1 ACCOUNT NO. BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT 20-- Mar. 5 J7 Mar. 16 J8 ACCOUNTS RECEIVABLE LEDGER Donachie & Co. NAME 1424 Jackson Creek Road, Nashville, IN 47448-2245 ADDRESS POST. REF. DATE ITEM DEBIT CREDIT BALANCE 20-- Mar. 1 J7 Mar. 5 J7 Mar. 10 J7 Eck Bakery NAME 6422 E. Bender Road, Bloomington, IN 47401-7756 ADDRESS BALANCE CREDIT DATE ITEM POST. REF. DEBIT 20-- J7 Mar. 11 J8 Mar. 16 J8 Mar. 20 J8 Mar. 25 R.J. Kibubu, Inc. NAME 3315 Longview Avenue, Bloomington, IN 47401-7223 ADDRESS CREDIT BALANCE DEBIT POST. REF. ITEM DATE 20-- Mar. 3 Mar. 13 J7 J8 Mar. 18 17 NAME Whitaker Group ADDRESS 2300 E. National Road, Cumberland, IN 46229-4824 DATE ITEM POST. REF. DEBIT BALANCE CREDIT 20-- Mar. 1 Balance 1,023 Mar. 27 J8