Assignment

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Journalizing Sales Returns and Allowances

Accounts Receivable Ledger

Instructions

June $1$ Marie L$.$ Phillips returned merchandise previously purchased on account $($Sale No$.33),$ $$42.$

$11$ John B$.$ Adams returned merchandise previously purchased on account $($Sale No$.34),$ $$74.$

$15$ L$.$ B$.$ Greene returned merchandise previously purchased on account $($Sale No$.35),$ $$28.$

Required:

Enter the transactions starting on page $60$ of a general journal and post them to the appropriate general ledger and accounts receivable ledger

ASSETS

$101$ Cash

$122$ Accounts Receivable

$141$ Supplies

$181$ Office Equipment

LIABILITIES

$202$ Accounts Payable

$219$ Wages Payable

$231$ Sales Tax Payable

REVENUE

$401$ Sales

$401\mathrm{.}1$ Sales Returns and

Allowances

$401\mathrm{.}2$ Sales Discounts

EXPENSES

$511$ Wages Expense

$512$ Advertising Expense

$513$ Bank Credit Card

Expense

$5$ more Check My Work uses remaining.