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Your answer is partially correct. Fantastic Fashions has just completed its first quarter of operations. Below are transactions that have not yet been recorded. Jan
Your answer is partially correct. Fantastic Fashions has just completed its first quarter of operations. Below are transactions that have not yet been recorded. Jan 1 Pre-taxcash sales amounted to $67,000. HST is collected on all sales at a rate of 13%. Jan15 Signed a three month note for $11,800 to extend amounts owing on account to Cheyenne Taste Inc. Interest is 6% annually and due at maturity. Mar 1 Received the annual property tax bill for $6,600 payable on June 1. Apr 1 Paid salaries of $10. Apr 15 Paid the note due. Apr 29 Acustom Jun 1 Paid the property taxes bill in full. Prepare the joumal entries listed below. (If no entry is required, select "No entry' for the account titles and enter ofor the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the
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