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    "question_id": "4265947",
    "url": "\/study-help\/questions\/sept1-sold-a-highdefinition-television-set-on-credit-to-candy-4265947",
    "question_creation_date_js": "2024-06-28T07:46:49-04:00",
    "question_creation_date": "Jun 28, 2024 07:46 AM",
    "meta_title": "[Solved] Sept.1 Sold a high-definition television | SolutionInn",
    "meta_description": "Answer of - Sept.1 Sold a high-definition television set on credit to Candy Cho; issued Sales Slip 101 for $3,100 plus sales tax o | SolutionInn",
    "meta_keywords": "sept,1,sold,high-definition,television,set,credit,candy,cho,issued,sales,slip",
    "question_title_h1": "Sept.1 Sold a high-definition television set on credit to Candy Cho; issued Sales Slip 101 for $3,100 plus sales tax of $217. 3 Sold stereo",
    "question_title": "Sept.1 Sold a high-definition television set on credit to Candy Cho; issued",
    "question_title_for_js_snippet": "Sept 1 Sold a high definition television set on credit to Candy Cho  issued Sales Slip 101 for $3,100 plus sales tax of $217  3 Sold stereo equipment on credit to Jim Peterson  issued Sales Slip 102 for $800 plus sales tax of $56  7 Sold a microwave oven on credit to Bridgette Huffman  issued Sales Slip 103 for $300 plus sales tax of $21  12 Accepted return of defective stereo equipment from Jim Peterson  issued Credit Memorandum 101 for $100 plus sales tax of $7  The stereo equipment was sold on September 3  15 Recorded cash sales for the period from September 1 to September 15 of $9,100 plus sales tax of $637  16 Sold a gas dryer on credit to Kathy Sundstrand  issued Sales Slip 104 for $600 plus sales tax of $42  17 Sold a home entertainment system on credit to Mark Navalta  issued Sales Slip 105 for $2,100 plus sales tax of $147  18 Received $770 from Candy Cho on account 20Received payment in full from Jim Peterson for the sale of September 3, less the return of September 12  25 Gave Mark Navalta an allowance because of scratches on his home entertainment system sold on September 17, Sales Slip 105  issued Credit Memorandum 102 for $100 plus sales tax of $7 27 Received payment in full from Bridgette Huffman for the sale of September 729Sold a dishwasher on credit to Mark Navalta  issued Sales Slip 106 for $400 plus sales tax of $28  30 Recorded cash sales for the period from September 16 to September 30 of $11,800 plus sales tax of $826  General Ledgers 101 Cash 111 Accounts Receivable 221 Sales Tax Payable 401 Sales 421 Sales Returns and Allowances ACCOUNTS RECEIVABLE LEDGER ACCOUNTS Candy Cho Jim Peterson Bridgette Huffman Kathy Sundstr Mark Navalta Post the entries from the general journal into the appropriate accounts in the general ledger and in the accounts receivable ledger  Prepare a schedule of accounts receivable  Analyze What is the amount of sales tax owed at September 30, 2019 ",
    "question_description": "<p><strong>Sept.1<\/strong>Sold a high-definition television set on credit to Candy Cho; issued Sales Slip 101 for $3,100 plus sales tax of $217.<\/p> <p><strong>3<\/strong>Sold stereo equipment on credit to Jim Peterson; issued Sales Slip 102 for $800 plus sales tax of $56.<\/p> <p><strong>7<\/strong>Sold a microwave oven on credit to Bridgette Huffman; issued Sales Slip 103 for $300 plus sales tax of $21.<\/p> <p><strong>12<\/strong>Accepted return of defective stereo equipment from Jim Peterson; issued Credit Memorandum 101 for $100 plus sales tax of $7. The stereo equipment was sold on September 3.<\/p> <p><strong>15<\/strong>Recorded cash sales for the period from September 1 to September 15 of $9,100 plus sales tax of $637.<\/p> <p><strong>16<\/strong>Sold a gas dryer on credit to Kathy Sundstrand; issued Sales Slip 104 for $600 plus sales tax of $42.<\/p> <p><strong>17<\/strong>Sold a home entertainment system on credit to Mark Navalta; issued Sales Slip 105 for $2,100 plus sales tax of $147.<\/p> <p><strong>18<\/strong>Received $770 from Candy Cho on account.20Received payment in full from Jim Peterson for the sale of September 3, less the return of September 12.<\/p> <p><strong>25<\/strong>Gave Mark Navalta an allowance because of scratches on his home entertainment system sold on September 17, Sales Slip 105; issued Credit Memorandum 102 for $100 plus sales tax of $7<\/p> <p><strong>27<\/strong>Received payment in full from Bridgette Huffman for the sale of September 729Sold a dishwasher on credit to Mark Navalta; issued Sales Slip 106 for $400 plus sales tax of $28.<\/p> <p><strong>30<\/strong>Recorded cash sales for the period from September 16 to September 30 of $11,800 plus sales tax of $826.<\/p> <p> <\/p> <p><strong>General Ledgers<\/strong><\/p> <p>101 Cash<\/p> <p>111 Accounts Receivable<\/p> <p>221 Sales Tax Payable<\/p> <p>401 Sales<\/p> <p>421 Sales Returns and Allowances<\/p> <p> <\/p> <p><strong>ACCOUNTS RECEIVABLE LEDGER ACCOUNTS<\/strong><\/p> <p>Candy Cho<\/p> <p>Jim Peterson<\/p> <p>Bridgette Huffman<\/p> <p>Kathy Sundstr<\/p> <p>Mark Navalta<\/p> <p> <\/p> <p> <\/p> <p><strong>Post the entries from the general journal into the appropriate accounts in the general ledger and in the accounts receivable ledger.<\/strong><\/p> <p> <\/p> <p><strong>Prepare a schedule of accounts receivable. <\/strong><\/p> <p> <\/p> <p><strong>Analyze <\/strong><span>What is the amount of sales tax owed at September 30, 2019?<\/span><\/p>",
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    "related_book": {
        "title": "Income Tax Fundamentals 2013",
        "isbn": "1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516",
        "edition": "31st Edition",
        "authors": "Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill",
        "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1124.jpg",
        "uri": "\/textbooks\/income-tax-fundamentals-2013-31st-edition-9781285586618",
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        "edition": "2001st Edition"
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    "question_posted": "2024-06-28 07:46:49",
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