The following transactions of Jeff's Auto Supply occurred in February (Balances as of February 1 are given for general ledger and accounts receivable ledger accounts: Dick, $1,100 Dr.; Metcalf, $200 Dr.; Black, $100 Dr.; Accounts Receivable, $1,400 Dr.; Sales Tax Payable, $1,100 Cr. Be sure to enter these balances in your working papers before beginning.):
201X
Feb. 1 Sold auto parts merchandise to R. Dick on account, $800, invoice no. 10, plus 10% sales tax.
5 Sold auto parts merchandise to J. Metcalf on account, $800, invoice no. 11, plus 10% sales tax.
8 Sold auto parts merchandise to Lance Black on account, $6,000, invoice no.
12, plus 10% sales tax.
10 Issued credit memorandum no. 12 to R. Dick for $700 for defective auto parts merchandise returned from Feb. 1 transaction. (Be careful to record the reduction in Sales Tax Payable as well.)
12 Sold auto parts merchandise to J. Metcalf on account, $400, invoice no. 13, plus 10% sales tax.
Required
1. Journalize the transactions.
2. Record to the accounts receivable subsidiary ledger and post to the general ledger as appropriate.
3. Prepare a schedule of accounts receivable for the end of February?