Sales Journal, Cash Receipts Jourmal, and General Journal Owens Distributors is a retail business. The following sales, returns, and cashreceipts occurred during March, 20-, There is an 8% sales tax, fleginning genemal ledger account balances were Cash, 59,750; and Accounts Receivable, $1040.25. Beginning customer account bolances were Thompson Group, 51040.25 . Mar. 1 Sold merchandero to Able \&. Co, $1,820, plas sales tax. Sale No. J3C: 3 Sold merchandise to R, J, Kalas, Inc, \$2,241, plus sales tax. Sale No. 33D. 5 Able 8. Co, returned merchandise from Sale No, 33C for a credit (Credic Memo No. 66), $25, plus sales tax. 7 Made cash sales for the week, 53,154, plus sales tax. 10. Received poyment from Able 8. Co, for Sale No. J3C less Credit Metho No. 66. 11 Sold merchandise to Blevins Bakery, $1,161, plus sales tax, Sale No. JJE. 13 Received payment from R. 1. Kalns, Inc. for Sale No. 330 . 14 Made cash sales for the week, \$4,215, plus sales tax. 16 Blevins Bakery returned merchandise from Sale No, 33E for a credit (Credit Memo No. 67), \$42, plus sales tax. 18 Sold merchandise to R. 1. Kalas, Inc. 52,653, plus sales tax, Sale No. 33F. 20 Received payment from Blevins Bakery for Sale No. 33E less Credit Memo No. 67. 21 Made cash sales for the week, $2,398, plus sales tax. 25 Sold merchandise to Blevins Bakery, 51,923 , plus sales tax, Sale No. 336. 27 Sold merchandise to Thompson Group, $2,072, plus sales tax. Sale No. 33H. 28 Made cash sales for the week, $3,543, plus sales tax. Required If required, round your answers to the nearest cent. If an amount box does not requare an entry, leave it blank. If required, round your answers to the nearest cent. If an amount bok does not reppaire an eritry, leave it blank. 1. Record the transactions in the sales journal, cash receipts journal, and general journal. Total, verily, and rule the columns where appropriate ar the end of the month. Feedtace T Check My Wok For the kales journal, Refer to Figures 12-3, 12-5 and 126 in the text and related discussions. Debit total: Credit total: Debit total: Credit total
