Styles Towncenter Furniture specializes in modern living room and dining room furniture. Merchandise sales are subjec tax. The firm's credit sales and sales returns and allowances for February 2019 are reflected below, along with the accounts used to record these transactions. The balances shown are for the beginning of the month, DATE TRANSACTIONS Feb 1 sold a living room sofa to Sun Yoo; issued Sales slip 1615 for $4,790 plus sales tax of $383.20. 5 Sold three recliners to Jacqueline Moore: issued Sales slip 1616 for $2,350 plus sales tax of $188 9 Sold a dining room set to Hazel Tran; issued Sales Slip 1617 for $6,550 plus sales tax of $524. 11 Accepted a return of one damaged recliner from Jacqueline Moore that was originally sold on Sales Slip 1616 of February 5, issued Credit Memorandum 702 for $1,026, which includes sales tax of $76.00. 17 Sold living room tables and bookcases to Ann Brown issued sales slip 1618 for $9,550 plus sales tax of $764. 23 Sold eight dining room chairs to Domingo Salas, issued Sales Slip 1619 for $3,650 plus sales tax of $292. 25 Gave Ann Brown an allowance for scratches on her bookcases issued Credit Memorandum 703 for $702, which includes sales tax of $52: the bookcases were originally sold on Sales slip 1618 of February 17. 27 Sold a living room sofa and four chairs to Jose Saucedo issued sales Slip 1620 for $4,225 plus sales tax of $338. 28 Sold a dining room table to Mimi Yuki: issued sales slip 1621 for 52,050 plus sales tax of $164. 28 Sold a living room modular wall unit to Alan Bakerissued sales slip 1622 for $3,900 plus sales tax of $312. GENERAL LEDGER ACCOUNTS 111 Accounts Receivable, $16, 636 DE. max Payable, $7,270 CE. AaBbCcDd AaBbCcDd AaBbcc AaB 1 Normal 1 No Spac... Herlina 1 Head Paragraph February 28, 2019. Analyze: Based on the beginning balance of the Sales Tax Payable account, what was the am Complete this question by entering your answers in the tabs below. Ledger Accounts Sales Joumal General Joumal Income Statement Analyze Prepare general journal entries as needed. View transaction list Journal entry worksheet Journal entry worksheet 1 2 Record the first entry required in the general journal. Note: Enter debits before credits Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal Paragraph Analyze: Based on the beginning balance of the Sales Tax Payable account, what was the amount of net sales for January Complete this question by entering your answers in the tabs below. Ledger Accounts Sales Journal General Joumal Income Statement Analyze Prepare a revenue section of the income statement for the month ended February 28, 2019. TOWNCENTER FURNITURE Income Statement (Partial) Month Ended February 28, 2019 Revenue Net sales (General Journal Analyze > View transaction list Journal entry worksheet 2 Record the first entry required in the general journal. Note: Enter debts before credits Transaction General Journal Debit Credit FERENCES MAILINGS Word IN ACROBAT E.EE # 21 AaBbCcDd AaBbCcDd AaBbCI A 1 Normal 1 No Spac... Heading 1 Heading Paragraph Ledger Accounts Sales Joumal Styles General Journal Income Statement Analyze Prepare a revenue section of the income statement for the month ended February 28, 2019 TOWINCENTER FURNITURE Income Statement Partia Month Ended February 20, 2019 Revenue Net sales View transactions Journal entry worksheet 2 > Record the first entry required in the general Journal Note Enters before credits Transaction 1 General Journal Debit Credit Clearly View all w] e
