SCHEDULE OF ACCOUNTS RECIIVABLE Bned on Problem 10-11A, prepare a schedule of accoants reocvale of March 31,20- leddger agrees with thhe shedule nf accoumts recewale uital. .. Venty that che ascounts rosivalle accoant halance in the geseral SERIES B EXERCISES ALES DOCUMENTS Indicane uhether cash d the folkowins dacuments ur proce dures is for a retail busaness or for a whuksale basness, as described io the chapter 401) I. A cash nygister receipt is giwen to the cusomer Z Crede approval is requared sinoer sales are almut ahways "ob account i. Three sopies of the sales ieverce are prepanod: une for shipping, one tor the cus tomer (as a lil, and one fur accouming 4. A sales ticket is given to a cistomer and anoeher cupy is sent to accounting 5. The sales process begims with a customer purchase ceudet 6. The sales invoice itemioes what is sukd, its cost, and the total amount owed L02) SALES TRANSACTIONS AND T ACCOUINTS lsing T accounts for Cash, Accounts Receivable, Sales Tax Payahle, Sales, Sales Returns and Alkwances, and Sales Discouenrs enter the following sales transactions Use a new set of accounts for each part, 1-5 1. No sales tax. (a) Merchandise is sold for 5250 cash bl Merchandise is sold oe accousr for $225, ic) Payment is received fur merchandse soldi on accoune. 2.6% sales cax. (a) Merchandise is old for $250 ulih plus sales tax. tb) Merchandise is sold on account for 5225 plus sales ax. /c) Payment is for merchandise sold on account SCHEDULE OF ACCOUNTS RECIIVABLE Bned on Problem 10-11A, prepare a schedule of accoants reocvale of March 31,20- leddger agrees with thhe shedule nf accoumts recewale uital. .. Venty that che ascounts rosivalle accoant halance in the geseral SERIES B EXERCISES ALES DOCUMENTS Indicane uhether cash d the folkowins dacuments ur proce dures is for a retail busaness or for a whuksale basness, as described io the chapter 401) I. A cash nygister receipt is giwen to the cusomer Z Crede approval is requared sinoer sales are almut ahways "ob account i. Three sopies of the sales ieverce are prepanod: une for shipping, one tor the cus tomer (as a lil, and one fur accouming 4. A sales ticket is given to a cistomer and anoeher cupy is sent to accounting 5. The sales process begims with a customer purchase ceudet 6. The sales invoice itemioes what is sukd, its cost, and the total amount owed L02) SALES TRANSACTIONS AND T ACCOUINTS lsing T accounts for Cash, Accounts Receivable, Sales Tax Payahle, Sales, Sales Returns and Alkwances, and Sales Discouenrs enter the following sales transactions Use a new set of accounts for each part, 1-5 1. No sales tax. (a) Merchandise is sold for 5250 cash bl Merchandise is sold oe accousr for $225, ic) Payment is received fur merchandse soldi on accoune. 2.6% sales cax. (a) Merchandise is old for $250 ulih plus sales tax. tb) Merchandise is sold on account for 5225 plus sales ax. /c) Payment is for merchandise sold on account