The Elegant Table sells china, glassware, and other gift items that are subject to an $8$ percent sales tax. The shop uses a general journal and a sales journal similar to those illustrated in this chapter. All customers have payment terms of n$/30.$

DATE TRANSACTIONS

Nov. $1$ Sold china to Pauline Judge; issued Sales Slip $1001$ for $$1,725$ plus $$138$ sales tax.

$5$ Sold a brass serving tray to Janet Hutchison; issued Sales Slip $1002$ for $$2,325$ plus $$186$ sales tax.

$6$ Sold a vase to Charles Brown; issued Sales Slip $1003$ for $$925$ plus $$74$ sales tax.

$10$ Sold a punch bowl and glasses to Lisa Morgan; issued Sales Slip $1004$ for $$1,925$ plus $$154$ sales tax.

$14$ Sold a set of serving bowls to Dorothy Watts; issued Sales Slip $1005$ for $$775$ plus $$62$ sales tax.

$17$ Gave Lisa Morgan an allowance because of a broken glass discovered when unpacking the punch bowl and glasses sold on November $10,$ Sales Slip $1004$; issued Credit Memorandum $102$ for $$149,$ which includes sales tax of $$12.$

$21$ Sold a coffee table to Teresa Yu; issued Sales Slip $1006$ for $$3,425$ plus $$274$ sales tax.

$24$ Sold sterling silver teaspoons to Henry Okafor; issued Sales Slip $1007$ for $$825$ plus $$66$ sales tax.

$25$ Gave Teresa Yu an allowance for scratches on her coffee table sold on November $21,$ Sales Slip $1006$; issued Credit Memorandum $103$ for $$367,$ which includes $$28$ in sales tax.

$30$ Sold a clock to Elaine Brock; issued Sales Slip $1008$ for $$4,025$ plus $$322$ sales tax.

The Elegant Table sells china, glassware, and other glft items that are subject to an $8$ percent sales tax. The shop uses a general

journal and a sales journal similar to those illustrated in this chapter. All customers have payment terms of $\frac{n}{30}.$

DATE TRANSACTIONS

Nov. $1$ Sold china to Pauline Judge; issued Sales Slip $1001$ for $$1,725$ plus $$138$ sales tax.

$5$ Sold a brass serving tray to Janet Hutchison; issued Sales Slip $1002$ for $$2,325$ plus $$186$ sales tax.

$6$ Sold a vase to Charles Brown; issued Sales Slip $1003$ for $$925$ plus $$74$ sales tax.

$10$ Sold a punch bowl and glasses to Lisa Morgan; issued Sales Slip $1004$ for $$1,925$ plus $$154$ sales tax.

$14$ Sold a set of serving bowls to Dorothy Watts; issued Sales Slip $1005$ for $$775$ plus $$62$ sales tax.

$17$ Gave Lisa Morgan an allowance because of a broken glass discovered when unpacking the punch bowl and glasses sold on

November $10,$ Sales Slip $1004$; issued Credit Memorandum $102$ for $$149,$ which includes sales tax of $$12.$

$21$ Sold a coffee table to Teresa Yu; issued Sales Slip $1006$ for $$3,425$ plus $$274$ sales tax.

$24$ Sold sterling silver teaspoons to Henry Okafor; issued Sales Slip $1007$ for $$825$ plus $$66$ sales tax.

$25$ Gave Teresa Yu an allowance for scratches on her coffee table sold on November $21,$ Sales Slip $1006$; issued Credit

Memorandum $103$ for $$367,$ which includes $$28$ in sales tax.

$30$ Sold a clock to Elaine Brock; issued Sales Slip $1008$ for $$4,025$ plus $$322$ sales tax.

Required:

Record the transactions for November in the proper journal.

Post to the accounts recelvable ledger.

Post the amounts from the general journal dally. Post the sales journal amount as a total at the end of the month.

Prepare a schedule of accounts recelvable. Compare the balance of the Accounts Recelvable control account with the total of the

schedule.

Analyze:

Which customer has the highest balance owed at November $30?$

Answer is not complete.

Complete this question by entering your answers in the tabs below.

Sales Journal

General

Ledger

Schedule of

Journal

Accounts

Acct Rec

Analyze

Prepare general journal entries as needed.