Question
Sales Transactions J. K. Bijan owns a retail business and made the following sales on account during the month of August 20--. There is a
Sales Transactions
J. K. Bijan owns a retail business and made the following sales on account during the month of August 20--. There is a 6% sales tax on all sales.
Aug. 1Sale No. 213 to Jung Manufacturing Co., $1,200 plus sales tax.3Sale No. 214 to Hassad Co., $3,600 plus sales tax.7Sale No. 215 to Helsinki, Inc., $1,400 plus sales tax. (Open a new account for this customer. Address is 125 Fishers Dr., Noblesville, IN 47870-8867.)11Sale No. 216 to Ardis Myler, $1,280 plus sales tax.18Sale No. 217 to Hassad Co., $4,330 plus sales tax.22Sale No. 218 to Jung Manufacturing Co., $2,000 plus sales tax.30Sale No. 219 to Ardis Myler, $1,610 plus sales tax.
Required:
1.Record the transactions starting on page 15 of a general journal. Enter the posting references when you complete part 2.
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