somheducation.com/ext/map/index_con conexternal browser och httpSW82527%252Fwinnettled blackboard.com252Fwebapp2Sport1232RENZE Chapter 7 Critical Thinking wed 1 Critical Thinking Problem 71 (Static) Wholesaler Transactions LO 7-1,7-2,7-3, 7-4, 7-5, 7-6 Matrix Toy Company sells toys and games to retail stores. The firm offers a trade discount of 40 percent on toys and 30 percent on Dames lis credit sales and sales returns and allowances transactions for August 20x1 are shown below. The general ledger accounts used to record these transactions are listed below. The balance shown for Accounts Receivable is as of the beginning of August. All customers have 45 credit terms GENERAL LEDGER ACCOUNTS 111 Acem celle, $78,410 Dr. les 451 Sels et and allowances TRANSACTIONS boldt tay' Den Stores se Tvoler 100, which shows alat price of $19,500 trade dicunt percent soldater ones Invoice 1002, which she alius price of $3,250 and trade count of 30 Hala este super Center Issued Invoice 2005, which show list price of $7,500 and a trade discount of Yala toys ta Little Annie' Toy Stores issued Invoice 1004, which shows list price of 536,000 and trade discount of 11 ore a return of all the shipped to our ne Center Deale they were damaged in transit and Citiem 181 for the riginal al nude Invoice 2001 upit 22 told to toy te thone stores wed thuice 100, which thout price of 536,200 and trade discount of a percent * Stamby's Department store sed invoice 10. which shows list price of 530.00 and trade cant percent. Sulitterto Toy Center Issund Invoice too, which she list price of $13,109 and trade it count of a cent ent re y Dent St The store Little Toy Store Pity Center Bookstore 10,00 Required 1. Open the general ledger accounts and enter the balance of Accounts Receivable for August 1 2.5p an accounts receivable subsidiary edger Open an account for each of the credit customers listed above and enter the tolonces of August Enter 45 in the bank space altet. Termis. This means each customer has 45 days to pay for the merchandise it purchased Record the transactions in a sales journal and in a general Journal 4. Pout the individual entries from the sales journal and the general journal 5. Tot the sales journal of August 31 6. Fost the columi total from the sales journal to the proper general ledger accounts 111 somheducation.com/ext/map/index_con conexternal browser och httpSW82527%252Fwinnettled blackboard.com252Fwebapp2Sport1232RENZE Chapter 7 Critical Thinking wed 1 Critical Thinking Problem 71 (Static) Wholesaler Transactions LO 7-1,7-2,7-3, 7-4, 7-5, 7-6 Matrix Toy Company sells toys and games to retail stores. The firm offers a trade discount of 40 percent on toys and 30 percent on Dames lis credit sales and sales returns and allowances transactions for August 20x1 are shown below. The general ledger accounts used to record these transactions are listed below. The balance shown for Accounts Receivable is as of the beginning of August. All customers have 45 credit terms GENERAL LEDGER ACCOUNTS 111 Acem celle, $78,410 Dr. les 451 Sels et and allowances TRANSACTIONS boldt tay' Den Stores se Tvoler 100, which shows alat price of $19,500 trade dicunt percent soldater ones Invoice 1002, which she alius price of $3,250 and trade count of 30 Hala este super Center Issued Invoice 2005, which show list price of $7,500 and a trade discount of Yala toys ta Little Annie' Toy Stores issued Invoice 1004, which shows list price of 536,000 and trade discount of 11 ore a return of all the shipped to our ne Center Deale they were damaged in transit and Citiem 181 for the riginal al nude Invoice 2001 upit 22 told to toy te thone stores wed thuice 100, which thout price of 536,200 and trade discount of a percent * Stamby's Department store sed invoice 10. which shows list price of 530.00 and trade cant percent. Sulitterto Toy Center Issund Invoice too, which she list price of $13,109 and trade it count of a cent ent re y Dent St The store Little Toy Store Pity Center Bookstore 10,00 Required 1. Open the general ledger accounts and enter the balance of Accounts Receivable for August 1 2.5p an accounts receivable subsidiary edger Open an account for each of the credit customers listed above and enter the tolonces of August Enter 45 in the bank space altet. Termis. This means each customer has 45 days to pay for the merchandise it purchased Record the transactions in a sales journal and in a general Journal 4. Pout the individual entries from the sales journal and the general journal 5. Tot the sales journal of August 31 6. Fost the columi total from the sales journal to the proper general ledger accounts 111