The Elegant Table sells china, glassware, and other gift items that are subject to an 8 percent sales tax. The transactions shown below took place during November 2019. DATE TRANSACTIONS Nov 1 Sold china to Pauline Judge; issued Sales Slip 1001 for $1,575 plus $126 sales tax. 5 Sold a brass serving tray to Janet Hutchison; issued Sales Slip 1002 for $2,175 plus $174 sales tax. 6 Sold a vase to Charles Brown; issued Sales Slip 1003 for $775 plus $62 sales tax. 10 Sold a punch bowl and glasses to Lisa Morgan; issued Sales Slip 1004 for $1,775 plus $142 sales tax. 14 Sold a set of serving bowls to Dorothy Watts; issued Sales Slip 1005 for $625 plus $50 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 $159, which includes sales tax of $12. 21 Sold a coffee table to Teresa Yu; issued Sales Slip 1006 for $3,275 plus $262 sales tax. 24 Sold sterling silver teaspoons to Henry Okafor; issued Sales Slip 1007 for $675 plus $54 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 $374, which includes $28 in sales tax. 30 Sold a clock to Elaine Brock; issued Sales Slip 1008 for $3,875 plus $310 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, 2019? Complete this question by entering your answers in the tabs below. Sales Journal General Journal Ledger Accounts Schedule of Acct Rec Analyze Prepare a sales journal to record the above transactions. SALES JOURNAL Accounts Customer's Name Receivable Debit Date Sales Slip No. Sales Tax Payable Credit Sales Credit Nov 30 Totals Sales Journal General Journal Ledger Accounts Schedule of Acct Rec Analyze Prepare general journal entries as needed. View transaction list Journal entry worksheet Record the first entry required in the general journal. Note: Enter debits before credits. Transaction General Journal Debit Credit Sales Journal General Journal Ledger Accounts Schedule of Acct Rec Analyze Prepare general journal entries as needed. View transaction list Journal entry worksheet Record the second entry required in the general journal. Note: Enter debits before credits. Transaction General Journal Debit Credit Sales Journal General Journal Ledger Accounts Schedule of Acct Rec Analyze Post the sales return transactions and column totals from the sales journal into the General ledger accounts. Then, post each transaction individually to accounts receivable subsidiary ledger accounts. Accounts Receivable Date Debit GENERAL LEDGER Account No: 111 Sales Tax Payable Credit Balance Date Debit Account No: 231 Credit Balance Sales Account No: 401 Credit Balance Sales Returns and Allowances Date Debit Account No: 451 Credit Balance Date Debit Elaine Brock Date Debit ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER Terms: n/30 Charles Brown Credit Balance Date Debit Terms: n/30 Credit Balance Janet Hutchison Date Debit Terms: n/30 Credit Balance Pauline Judge Date Debit Terms: n/30 Credit Balance Lisa Morgan Date Debit Terms: n/30 Credit Balance Henry Okafor Date Debit Terms: n/30 Credit Balance Dorothy Watts Date / Debit Terms: n/30 Credit Balance Teresa Yu Debit Terms: n/30 Credit Balance Date Complete this question by entering your answers in the tabs below. Sales Journal General Journal Ledger Accounts Schedule of Acct Rec Analyze Prepare a schedule of accounts receivable. THE ELEGANT TABLE Schedule of Accounts Receivable November 30, 2019 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, 2019? Complete this question by entering your answers in the tabs below. Sales Journal General Journal Ledger Accounts Schedule of Acct Rec Analyze Which customer has the highest balance owed at November 30, 2019? Highest balance owed The Elegant Table sells china, glassware, and other gift items that are subject to an 8 percent sales tax. The transactions shown below took place during November 2019. DATE TRANSACTIONS Nov 1 Sold china to Pauline Judge; issued Sales Slip 1001 for $1,575 plus $126 sales tax. 5 Sold a brass serving tray to Janet Hutchison; issued Sales Slip 1002 for $2,175 plus $174 sales tax. 6 Sold a vase to Charles Brown; issued Sales Slip 1003 for $775 plus $62 sales tax. 10 Sold a punch bowl and glasses to Lisa Morgan; issued Sales Slip 1004 for $1,775 plus $142 sales tax. 14 Sold a set of serving bowls to Dorothy Watts; issued Sales Slip 1005 for $625 plus $50 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 $159, which includes sales tax of $12. 21 Sold a coffee table to Teresa Yu; issued Sales Slip 1006 for $3,275 plus $262 sales tax. 24 Sold sterling silver teaspoons to Henry Okafor; issued Sales Slip 1007 for $675 plus $54 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 $374, which includes $28 in sales tax. 30 Sold a clock to Elaine Brock; issued Sales Slip 1008 for $3,875 plus $310 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, 2019? Complete this question by entering your answers in the tabs below. Sales Journal General Journal Ledger Accounts Schedule of Acct Rec Analyze Prepare a sales journal to record the above transactions. SALES JOURNAL Accounts Customer's Name Receivable Debit Date Sales Slip No. Sales Tax Payable Credit Sales Credit Nov 30 Totals Sales Journal General Journal Ledger Accounts Schedule of Acct Rec Analyze Prepare general journal entries as needed. View transaction list Journal entry worksheet Record the first entry required in the general journal. Note: Enter debits before credits. Transaction General Journal Debit Credit Sales Journal General Journal Ledger Accounts Schedule of Acct Rec Analyze Prepare general journal entries as needed. View transaction list Journal entry worksheet Record the second entry required in the general journal. Note: Enter debits before credits. Transaction General Journal Debit Credit Sales Journal General Journal Ledger Accounts Schedule of Acct Rec Analyze Post the sales return transactions and column totals from the sales journal into the General ledger accounts. Then, post each transaction individually to accounts receivable subsidiary ledger accounts. Accounts Receivable Date Debit GENERAL LEDGER Account No: 111 Sales Tax Payable Credit Balance Date Debit Account No: 231 Credit Balance Sales Account No: 401 Credit Balance Sales Returns and Allowances Date Debit Account No: 451 Credit Balance Date Debit Elaine Brock Date Debit ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER Terms: n/30 Charles Brown Credit Balance Date Debit Terms: n/30 Credit Balance Janet Hutchison Date Debit Terms: n/30 Credit Balance Pauline Judge Date Debit Terms: n/30 Credit Balance Lisa Morgan Date Debit Terms: n/30 Credit Balance Henry Okafor Date Debit Terms: n/30 Credit Balance Dorothy Watts Date / Debit Terms: n/30 Credit Balance Teresa Yu Debit Terms: n/30 Credit Balance Date Complete this question by entering your answers in the tabs below. Sales Journal General Journal Ledger Accounts Schedule of Acct Rec Analyze Prepare a schedule of accounts receivable. THE ELEGANT TABLE Schedule of Accounts Receivable November 30, 2019 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, 2019? Complete this question by entering your answers in the tabs below. Sales Journal General Journal Ledger Accounts Schedule of Acct Rec Analyze Which customer has the highest balance owed at November 30, 2019? Highest balance owed