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The Appliance Store began operations March 1, 20X1. 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, 20X1. The firm sells its merchandise for cash and on open account Sales are subject to a 6 percent sales tax. The terms for all sales on credit are net 30. During March. The Appliance Store engaged in the following transactions: DATE TRANSACTIONS 201 March 1 Sold merchandise on credit to Dave Allen; issued Sales Slip 101 for 5550 plus sales tax of $33. 4 Sold merchandise on credit to Castor Phan; issued Sales Stip 102 for $900 plus sales tax of $54. 12 Sold merchandise on credit to Chris Hughes; issued Sales Slip 103 for $1,150 plus sales tax of $69. 15 Recorded cash sales for the period from March 1 to March 15 of $6,400 plus sates tax of $384. 25 Sold merchandise on credit to Brian Cooley; issued Sales Slip 104 for $850 plus sales tax of $51. 31 Received a check fron Castor Phan of $240 to apply toward his account. 31. Received payment in for the period from March 16 to March 31 of $3,30 plus sales tax of $198. Required: 2. Record the transactions in a general journal. 3. Post the entries from the general journal to the appropriate general ledger accounts. GENERAL LEDCER ACCOUNTS Analyze: What were the total cash receipts during March? Complete this question by entering your answers in the tabs below. Record the transactions in a general journal. Record the transactions in a general journal. 1 Sold merchandise on credit to Dave Allen; issued Sales Slip 101 for $550 plus sales tax of $33. 2 Sold merchandise on credit to Castor Phan; issued Sales Slip 102 for $900 plus sales tax of $54. 3 Sold merchandise on credit to Chris Hughes; issued Sales Slip 103 for $1,150 plus sales tax of $69. 4 Recorded cash sales for the period from March 1 to March 15 of $6,400 plus sales tax of $384. 5 Sold merchandise on credit to Brian Cooley; issued Sales Slip 104 for $850 plus sales tax of $51. 6 Received a check from Castor Phan of $240 to apply Note: = journal entry has been entered Complete this question by entering your answers in the tabs below. Record the transactions in a general journal. Complete this question by entering your answers in the tabs below. Post the entries from the general jour Analyze appropriate general ledger accounts. DATE TRANSACTIONS 26X1 March 1 Sold merchandise on credit to Dave Allen; 15sued Sales 5lip 101 for $550 plus sales tax of 533 . 4 Sold merchandise on credit to Castor Phan; 1ssued Sales Slip 102 for $900 plus sales tax of $54. 12 Sold merchandise on credit to Chris Hughes; issued Sales slip 103 for $1,150 plus soles tax of $69. 15 Recorded cash sales for the period from March 1 to March 15 of $6,400 plus sales tax of $384. 25 Sold merchandise on credit to Brian Cooley; issued 5ales 5lip 1e4 for $850 plus sales tax of $51. 28 Received a check from Castor Phan of $240 to apply toward his account. 31 Recorded cash sales for the period from March 16 to March 31 of $3,300 plus sales tax of $198. 31 Received payment in full from Dave Allen for the sale of March 1 . Required: 2. Record the transactions in a general journal. 3. Post the entries from the general journal to the appropriate general ledger accounts. Analyze: What were the total cash recelpts during March? Complete this question by entering your answers in the tabs below. What were the total cash receipts during March

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