Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What poryion of the sales during September were for entertainment items? DATE TRANSACTIONS 2019 Sept. i Sold a high-definition television set on credit to Candy

What poryion of the sales during September were for entertainment items? image text in transcribed
image text in transcribed
DATE TRANSACTIONS 2019 Sept. i Sold a high-definition television set on credit to Candy Cho; issued Sales Slip 101 for $3,400 plus sales tax of $238. 3 Sold stereo equipment on credit to Jim Peterson; issued Sales Slip 102 for $800 plus sales tax of $56. 7 Sold a microwave oven on credit to Bridgste Huffman; issued Sales Slip 103 for $400 plus sales tax of $28. 12 Accepted return of defective stereo equipment from Jim Peterson; issued Credit Memorandum 101 for $100 plus sales tax of $7. The stereo equipment was sold on September 3. ed cash sales for the period from September 1 to September 15 of $8,800 plus sales tax of $616. Sold a gas dryer on credit to Kathy Sundstrand; issued Sales Slip 104 for $700 plus sales tax of $49. 17 Sold a home entertainment system on credit to Mark Navalta; issued Sales Slip 105 for $2,400 plus sales tax of $168. 18 Received $800 from Candy Cho on account. 20 Received payment in full from Jim Peterson for the sale of September 3, less the return of September 12. 25 Gave Mark Navalta an allowance because of scratches on his home entertainment system sold on September 17, Sales Slip 105 issued Credit Memorandum 102 for $300 plus sales tax of $21. 27 Received payment in full from Bridgette Huffman for the sale of September 7. 29 Sold a dishwasher on credit to Mark Navalta; issued Sales Slip 106 for $500 plus sales tax of $35. 30 Recorded cash sales for the period from September 16 to September 30 of $12,100 plus sales tax of $847. Complete this question by entering your answers in the tabs below. General Journal Analyze What portion of the sales during September were for entertainment items? Assume the cash sales transactions are for non- entertainment items. (Round your percentage answer to 1 decimal place, i.e. 0.123 should be considered as 12.3%) Portion of entertainment items

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions