Recording sales and cash receipts for a retail store. Amanda's Appliances began operations March 1, 2013. The firm sells its merchandise for cash and on open account. Sales are subject to a 6 percent sales tax. During March, Amanda's Appliances engaged in the following transactions: 11eb7c08_1647_f909_9ab5_f329b38c8cb7_SM1558_00 INSTRUCTIONS 1. Open the general ledger accounts indicated below. 2. Record the transactions in a general journal. Use 1 as the journal page number. 3. Post the entries from the general journal to the appropriate general ledger accounts. GENERAL LEDGER ACCOUNTS 11eb7c08_1647_f90a_9ab5_0fff388620b1_SM1558_00 Analyze: What were the total cash receipts during March?

College Accounting 2nd Edition by David Haddock, John Price,Michael Farina

النسخة 2الرقم المعياري الدولي: 978-0073396958

College Accounting 2nd Edition by David Haddock, John Price,Michael Farina

النسخة 2الرقم المعياري الدولي: 978-0073396958

تمرين 29

Recording sales and cash receipts for a retail store.
Amanda's Appliances began operations March 1, 2013. The firm sells its merchandise for cash and on open account. Sales are subject to a 6 percent sales tax. During March, Amanda's Appliances engaged in the following transactions:

INSTRUCTIONS
1. Open the general ledger accounts indicated below.
2. Record the transactions in a general journal. Use 1 as the journal page number.
3. Post the entries from the general journal to the appropriate general ledger accounts.
GENERAL LEDGER ACCOUNTS

Analyze: What were the total cash receipts during March?

التوضيح

موثّق

Recording sale made on account with a sa...