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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.

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.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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.

POST. DATE DESCRIPTION DEBIT CREDIT REF. 1 Sept. 2 1 2 3 3 4 Sept. 7 4 5 7 Sept. 12 7 8 8 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 2 3 3 4 Sept. 7 4 5 7 Sept. 12 7 8 8 9 10 Sept. 22 10 11 11 12 12 13 Sept. 28 13 14 14 15 15
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