Sales Journal, Cash Receipts Journal, and General Journal Owens Distributors is a retail business. The following sales, returns, and cash receipts occurred during March 20-. There is an 8% sales tax. Beginning general ledger account balances were Cash, $9,787; and Accounts Receivable, $1048.50. Beginning customer account balances were Thompson Group, $1048,50. Mar. 1 Sold merchandise to Able & Co., $1,812, plus sales tax. Sale No. 33C. 3 Sold merchandise to R. J. Kalas, Inc., $2,208, plus sales tax. Sale No. 33D. 5 Able & Co. returned merchandise from Sale No. 33C for a credit (Credit Memo No. 66), $25, plus sales tax. 7 Made cash sales for the week, $3,165, plus sales tax. 10 Received payment from Able & Co. for Sale No. 33C less Credit Memo No. 66. 11 Sold merchandise to Blevins Bakery, $1,187, plus sales tax. Sale No. 33E. 13 Received payment from R. 3. Kalas, Inc. for Sale No. 330. 14 Made cash sales for the week, $4,189, plus sales tax. 16 Blevins Bakery returned merchandise from Sale No. 33E for a credit (Credit Memo No. 67), $50, plus sales tax. 18 Sold merchandise to R. 3. Kalas, Inc., $2,640, 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, $2,394, plus sales tax. 25 Sold merchandise to Blevins Bakery, $1,906, plus sales tax. Sale No. 33G. 27 Sold merchandise to Thompson Group, $2,053, plus sales tax. Sale No. 33H. 28 Made cash sales for the week, $3,500, plus sales tax. Required: If required, round your answers to the nearest cent. If an amount box does not require an entry, leave it blank. 1. Record the transactions in the sales journal, cash receipts journal, and general journal. Total, verify, and rule the columns where appropriate at the end of the month. Page: 6 SALE POST. DATE TO WHOM SOLD ACCOUNTS RECEIVABLE SALES SALES TAX PAYABLE ppli eBook Required: If required, round your answers to the nearest cent. If an amount box does not require an entry, leave it blank. 1. Record the transactions in the sales journal, cash receipts journal, and general journal. Total, verify, and rule the columns where appropriate at the end of the months Page: 6 DATE SALE NO TO WHOM SOLD POST. REF. ACCOUNTS RECEIVABLE DEBIT SALES TAX SALES CREDIT PAYABLE CREDIT 1 Mar. 1 33C 1 2 Mar. 3 33D 2 3 Mar 11 33E 4 Mar 18 33F 5 Mar 25 330 6 Mar 27 33H 3 4 5 6 7 (122) (401) (231) 8 I Appli eBook Debit total Credit total Cash Receipts Journal Date Account Credited General Accounts Receivable Post. Ref. Credit Credit Credit Sales Tax Payable Credit Page 9 Cash Debit 20 Mar 7 Mar 10 Able & Co. Mar 13 R. J. Kalas, Inc. Mar. 14 Mar. 201 Blevins Bakery Mar 21 Mar 28 Debit total Credit total 20-- (122) (401) (231) (101) GENERAL JOURNAL DATE DESCRIPTION POST. REF. DEBIT PAGE 5 CREDIT CO Debit total: Credit total: GENERAL JOURNAL PAGE 5 DATE DESCRIPTION POST. REF. DEBIT CREDIT 20-- Credit Memo #66 Credit Memo #67 2. Post from the journals to the general ledger and accounts receivable ledger accounts.. ACCOUNT Cash ACCOUNT NO. 101 BA Guided Algo 2. Post from the journals to the general ledger and accounts receivable ledger accounts. ACCOUNT Cash ACCOUNT NO. 101 BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT 20 20- Balance V CR9 ACCOUNT Accounts Receivable ACCOUNT NO. 122 BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT Balance 35 35 56 CR9 OBA Guided Algo ACCOUNT Sales Tax Payable ACCOUNT NO. DATE ITEM POST. REF. DEBIT CREDIT DEBIT 20- 20- 35 15 56 CR9 231 BALANCE CREDIT ACCOUNT Sales ACCOUNT NO. 401 BALANCE POST. DATE ITEM DEBIT CREDIT DEBIT CREDIT REF. 56 CR9 Guided Algo Appil eBook 20 CR9 ACCOUNT Sales Returns and Allowances ACCOUNT NO. 401.1 BALANCE DATE ITEM POST. REP. DEBIT CREDIT DEBIT CREDIT NAME ADDRESS 35 15 ACCOUNTS RECEIVABLE LEDGER Able & Co. DATE ITEM POST. REF. DEBIT 20- NAME 56 15 CR9 Blevins Bakery CREDIT BALANCE NAME ADDRESS DATE ITEM POST. REF. DEBIT 20- NAME ADDRESS 56 35 CR9 56 DATE ITEM POST. REF. DEBIT 20- 56 CR9 $6 Blevins Bakery R. J. Kalas, Inc. CREDIT BALANCE CREDIT BALANCE Thompson Group. 20- NAME ADDRESS DATE Check My Work CR9 56 Thompson Group ITEM POST. REF. DEBIT Balance 56 CREDIT BALANCE Save and Exit Submit Assignme