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Recording of Credit Sales

The following transactions took place at Dave's Wildlife Resort during May. Indicate how these transactions would be entered in a sales journal like the one shown in figure 7.2.

May 1 Sold a tent and other items on credit to Roy Anderson; issued Sales Slip 1101 for $360 plus sales tax of $29.

2. Sold a backpack, an air mattress, and other items to John Amos; issues Sales Slip 1102 for $240 plus sales tax of $19.

3. Sold a lantern, cooking utensils, and other items to Teresa Wells; issued Sales Slip 1103 for $200 plus sales tax of $16.

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For your convenience, I have attached a formatted MS Excel spreadsheet containing the information below. Feel free to contact me in the future in the event that additional assistance is required.

Recording Credit Sales

The following transactions took place at Dave's Wildlife Resort during May. Indicate how these transactions would be entered in a sales journal like the one shown in figure ...

Solution Summary

The following transactions took place at Dave's Wildlife Resort during May. Indicate how these transactions would be entered in a sales journal like the one shown in figure 7.2.

May 1 Sold a tent and other items on credit to Roy Anderson; issued Sales Slip 1101 for $360 plus sales tax of $29.

2. Sold a backpack, an air mattress, and other items to John Amos; issues Sales Slip 1102 for $240 plus sales tax of $19.

3. Sold a lantern, cooking utensils, and other items to Teresa Wells; issued Sales Slip 1103 for $200 plus sales tax of $16.

$2.19