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During the month of September, the following transactions occurred. The applicable sales tax rate is 6%. Sept. 2 Sold merchandise on account to Sam Larson, $1,400, plus sales tax. 7 Sold merchandise on account to David Mitchell, $1,900, plus sales tax. 12 Issued credit memorandum to Sam Larson for $689, including sales tax of $39. 22 Sold merchandise on account to Matt Feustal, $500, plus sales tax. 28 Sold merchandise on account to Ana Cardona, $850, plus sales tax. Enter the transactions in the general journal. If an amount box does not require an entry, leave it blank. Page: 1

During the month of September, the following transactions occurred. The applicable sales tax rate is 6%. Sept. 2 Sold merchandise on account to Sam Larson, $1,400, plus sales tax. 7 Sold merchandise on account to David Mitchell, $1,900, plus sales tax. 12 Issued credit memorandum to Sam Larson for $689, including sales tax of $39. 22 Sold merchandise on account to Matt Feustal, $500, plus sales tax. 28 Sold merchandise on account to Ana Cardona, $850, plus sales tax. Enter the transactions in the general journal. If an amount box does not require an entry, leave it blank. Page: 1

Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 12EB: Prepare the journal entry to reconcile the bank statement in EB11.
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During the month of September, the following transactions occurred. The applicable sales tax rate is 6%.

Sept.   2   Sold merchandise on account to Sam Larson, $1,400, plus sales tax.
    7   Sold merchandise on account to David Mitchell, $1,900, plus sales tax.
   12   Issued credit memorandum to Sam Larson for $689, including sales tax of $39.
   22   Sold merchandise on account to Matt Feustal, $500, plus sales tax.
  28   Sold merchandise on account to Ana Cardona, $850, plus sales tax.

Enter the transactions in the general journal. If an amount box does not require an entry, leave it blank.

Page: 1

POST. DATE DESCRIPTION DEBIT CREDIT REF. 1 Sept. 2 1 3 3 4 Sept. 7 4 7 Sept. 12 7 8 8 9. 9. 10 Sept. 22 10 11 11 12 12 13 Sept. 28 13 14 14 15 15
Transcribed Image Text:POST. DATE DESCRIPTION DEBIT CREDIT REF. 1 Sept. 2 1 3 3 4 Sept. 7 4 7 Sept. 12 7 8 8 9. 9. 10 Sept. 22 10 11 11 12 12 13 Sept. 28 13 14 14 15 15
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