/ext/map/index.html?_con=con&external_browser=08launchUrl=https%253A%2525%252Fblackboard.kean.edu%252Fwebapps%252Fportal%252Ffr nect Close Browser B. Blackboard Learn S B Course Content - 2. X xFinity | Portal Citing a Website in... Unit 2 AS: Exercises and Problems (Connect) i Saved 4 The following selected transactions relate to liabilities of Interstate Farm Equipment Company for December 2021. Interstate's fiscal year ends on December 31. Required: points Prepare the appropriate journal entries for these transactions. 1. On December 15, received $14,500 from Bradley Farms toward the sale by Interstate of a $188,500 tractor to be delivered to eBook Bradley on January 6, 2022. Hint 2. During December, received $37,500 of refundable deposits relating to containers used to transport equipment parts. 3. During December, credit sales totaled $900,000. The state sales tax rate is 5% and the local sales tax rate is 2%. (This is a summary Print journal entry for the many individual sales transactions for the period.) (For all requirements, if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) References View transaction list Journal entry worksheet On December 15, received $14,500 from Bradley Farms toward the sale by Interstate of a $188,500 tractor to be delivered to Bradley on January 6, 2022. Note: Enter debits before credits. Mc Prev of 10 Next > Graw O J. Rain here to search\f\f\f