Essay
Bradley's Appliance Store had the following transactions during the month of May 2019. Record the transactions on page 5 of a sales journal and page 8 of a general journal. Total, prove, and rule the sales journal as of May 31.
May 5 Sold a refrigerator to Mary Wilson. Issued Sales Slip 452 for $650 plus sales tax of $32.50.
6 Sold a freezer to Samantha Lee. Issued Sales Slip 453 for $900 plus sales tax of $45.
8 Gave Mary Wilson an allowance for scratches on her refrigerator sold on May 5, Sales Slip 452. Issued Credit Memorandum 118 for $57.75, which includes
$2.75 of sales tax.
15 Sold a portable television to Jill Hanna. Issued Sales Slip 454 for $345 plus sales tax of $17.25.
20 Sold a microwave oven to Steve Ferguson. Issued Sales Slip 455 for $175 plus sales tax of $8.75.
25 Accepted a return of a defective microwave oven from Steve Ferguson. The oven was originally sold on May 20, Sales Slip 455. Issued Credit Memorandum 119 for $183.75, which includes sales tax of $8.75.
Correct Answer:

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Correct Answer:
Verified
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