On nov 12 ms don amp co sold merchandise on account to

Reference no: EM13600247

Prepare a sales journal based on the information given and post it to the Accounts Receivable Subsidiary Ledger using your spreadsheet software.

On Nov 12, Ms. Don & Co. sold merchandise on account to Gians Graze for $1,200 plus $250 sales tax. The source document for this transaction is Sales Slip 5.

Guidelines - For posting the sales journal to Accounts Receivable Subsidiary Ledger:
1.Enter the date of the transaction in the Date column of the subsidiary ledger account.
2.In the Posting reference column, enter the journal letter and the journal page number.
3.In the Debit column, enter the total amount to be received from the customer.
4.Compute the new balance and enter it in the Balance column.
5.Return to the sales journal and enter a check mark in the Posting Reference column.

Reference no: EM13600247

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