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The Appliance Store began operations March 1, 2019. The firm sells its merchandise for cash and on open account. Sales are subject to a 6

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The Appliance Store began operations March 1, 2019. The firm sells its merchandise for cash and on open account. Sales are subject to a 6 percent sales tax. During March, The Appliance Store engaged in the following transactions: DATE 2019 TRANSACTIONS March 1 Sold merchandise on credit to Dave Allen; issued Sales slip 101 for 4 Sold merchandise on credit to Castor Phan: issued Sales slip 102 for 12 Sold merchandise on credit to Chris Rughes: issued Sales slip 103 for 15 Recorded cash sales for the period from March 1 to March 15 of $6,000 25 Sold merchandise on credit to Brian Cooley: issued Salesislip 104 for 28 Received a check from Castor Phan of $280 to apply toward his account. $600 plus sales tax of $36. $900 plus sales tax of $54 $1,100 plus sales tax of $66. plus sales tax of $360, $850 plus sales tax of $51 31 Recorded cash sales for the period from March 16 to March 31 of $2,900 plus sales tax of $174 31 Received paynent in full trom Dave Allen for the sale of March 1. Required 1. Record the transactions in a general journal. 2. Post the entries from the general journal to the appropriate general ledger accounts. GENERAL LEDGER ACCOUNTS 101 Cash 111 Accounts Receivable 221 Sales Tax Payable 401 Sales

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