theducation.com Economics-2020FA-ECO 2610-620-150544 - Oakland Community College Connect er 7 Homework Help Save & El Ches Elegant Dining 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. DAT TRANSACTIONS Now. 1 sold china to Paola Ji wond Sales Slip 1001 for $1,250 plus $100 sales tax. 5 Sold a brass serving tray to Janet Hutchison issued Sales Slip 1002 for $1,650 plus 5148 sales tax. Sold a vase to Charles Brown issued Sales Slip 1003 for $450 plus $36 sales tax. 10 sold a punch bowl and glass to Tere Naala: Issand sales slip 1004 for $1.450 plus $116 sales tax. 14 Bold a set of serving bowls to Dorothy Watta; ssued Sales Slip 1005 for $300 plus 824 sales tax. 17 Gave Terri Manala an allowance because of a broken glass discovered when unpacking the punch bowl and glasses sold on November 10, Sales Slip 10041 Led Credit Momorandum 102 for $176.00, with the sales tax of $13. 21 Sold a coffee table to Teresa Yus issued Sales Slip 1006 for $2.950 plus $236 sales tax. 24 sold sterling silver to poor to Hank O'Connor; sed sales slip 1007 for $350 plus $28 sales tax. 25 Cave Teresa Yuas allowance for serstehes on her coffee table sold on November 21, Sales Slip 1006 Land Credit Memorandum 103 for $336, which includes $19 in sales tax. 30 sold a clock to these trata lued Sales Slip 1008 for $3,550 plus 5204 sales tax. Required: 1. Record the transactions for November in the proper journal. 2. Post to the accounts receivable ledger 3. Post the amounts from the general Journal daily. Post the sales journal amount as a total at the end of the month. 4. Prepare a schedule of accounts receivable. Compare the balance of the Accounts Receivable control account with the total of the schedule. Analyze Which customer has the highest balance owed at November 30? Complete this question by entering your answers in the tabs below. General Sales Journal Ledger Schedule of Journal Accounts Acct Rec Analyze Which customer has the highest balance owed at November 307 Highest balance owed