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tax of $56. Superior Appliances is a retail store that sells household appliances. Merchandise sales are subject to an 8 percent sales tax. The firm's

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tax of $56. Superior Appliances is a retail store that sells household appliances. Merchandise sales are subject to an 8 percent sales tax. The firm's credit sales for July are listed below, along with the general ledger accounts used to record these sales. The balance shown for Accounts Receivable is for the beginning of the month. DATE TRANSACTIONS July 1 Sold a dishwasher to John Martinez; issued Sales Slip 581 for $788 plus sales 6 Sold a washer to Helen Thai; issued Sales Slip 582 for $1,975 plus sales tax of $158. 11 Sold a high-definition television set to Richard Jones; issued Sales Slip 503 for $2,150 plus sales tax of $172. 17 Sold an electric dryer to Mary Schneider; issued Sales Slip 504 for $825 plus 23 Sold a trash compactor to Victoria Caramello; issued Sales Slip ses for $450 plus sales tax of $36. 27 Sold a home entertainment system to Jeff Budd; issued Sales Slip 506 for $1,275 plus sales tax of $102. 29 Sold an electric range to Michelle Ly; issued Sales Slip 507 for $1,000 plus 31 Sold a double oven to Peter McVay; issued Sales Slip 588 for $175 plus sales tax of $14. GENERAL LEDGER ACCOUNTS 111 Accounts Receivable, $25,500 Dr. 231 Sales Tax Payable 401 Sales Required: 1. Open the general ledger accounts and enter the balance of Accounts Receivable for July 1, 2019. 2. Record the transactions in a sales journal. 3. Total, prove, and rule the sales journal as of July 31. 4. Post the column totals from the sales journal to the proper general ledger accounts. sales tax of $80. Complete this question by entering your answers in the tabs below. Sales Journal Ledger Accounts Analyze Prepare a sales journal to record the above transactions. SALES JOURNAL Accounts Date Sales Slip No Customer's Name Receivable Debit Sales Tax Payable Credit Sales Credit July 31 Totals Complete this question by entering your answers in the tabs below. Sales Journal Ledger Accounts Analyze Post the opening balances and column totals from the sales journal into the appropriate general ledger accounts for July 2019. Accounts Receivable Account No: 111 Sales Tax Payable Account No: 231 Date Debit Credit Balance Date Debit Credit Balance July 01, 2019 Sales Account No: 401 Credit Balance Date Debit Sales Journal Analyze > Analyze: What percentage of credit sales were for entertainment items? Complete this question by entering your answers in the tabs below. Sales Journal Ledger Accounts Analyze What percentage of credit sales were for entertainment items? (Round your answer to 2 decimal places.) Credit sales for entertainment items

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