Bill Murray opened Bill€™s Cosmetic Market in London on April 1. Bill offers no sales discount, and 8% PST and 5% GST is charged on all cosmetic sales. The following transactions occurred in April:

Required
a. Journalize the above in the sales journal, cash receipts journal, or general journal.
b. Record in the accounts receivable subsidiary ledger and post to the general ledger when appropriate.
c. Prepare a schedule of accounts receivable for the end of April 2013.

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2013 April 2 5 5 8 9 12 Bill Murray invested $6,000 in the cosmetic market from his personal savings account. From the cash register tapes, lipstick cash sales were $5,000 plus taxes. From the cash register tapes, eyeshadow cash sales were $2,000 plus taxes. Sold lipstick on account to Alice Koy Co., $300, sales invoice No. 1001, plus taxes Sold eyeshadow on account to Marika Sanchez Co., $1,000, sales invoice No. 1002, plus taxes Issued credit memorandum No. 10 to Alice Koy Co. for $150 for lipstick returned. (Be sure to reduce taxes payable for Marika Sanchez Co. paid half the amount owed from sales invoice No. 1002, dated April 9 Sold lipstick on account to Jeff Tong Co., $500, sales invoice No. 1003, plus taxes Sold eyeshadow on account to Rusty Neal Co., $800, sales invoice No. 1004, plus taxes. Issued credit memorandum No. 11 to Jeff Tong Co. for $200 (plus taxes) for lipstick returned from sales invoice No. 1003, dated April 22. Cash sales taken from the cash register tape showed 1. Lipstick -$1,000 taxes 2. Eyeshadow-$3,000 +taxes Sold lipstick on account to Marika Sanchez Co., $400, sales invoice No. 1005, plus taxes. Received payment from Marika Sanchez Co. of sales invoice No. 1005, dated April 29. 19 22 23 23 26 29 30