Question: Fill in each blank space with the missing answer Enter the following sales transaction into the Ledger/Journal (table below). You have negotiated the sale of

Fill in each blank space with the missing answer
Fill in each blank space with the missing answer Enter the following sales transaction into the Ledger/Journal (table below). You have negotiated the sale of Mr and Mr Emerald's home at 8 Knowle Court, Ocean Grove for $1,000 000. The purchasers, Mr and Mrs Teal are signing the contract and have negotiated 10% deposit. With 0.25% payable upon signing the contract, 4.75% payble after the cooling off period and 5% payable upon settlement. 01/04/2022: Paid the 0.25% initial deposit (Receipt Number: 455) 08/04/2022: The cooling-off period expires today, under negotiation, only remaining balance of 5% is to be paid today. 01/05/2029. Settlement now Domaindor 50% 125 Transact in trust accounts - WA Exit balance to be paid to the vendors account. DOD 7 7 7 090 ACCOUNT JJJ 47 There have been no other receipts between these transactions, prepare the ledger below to show these transactions Mr and Mr Emerald Sale to Mr and Mrs Teal Property: 8 Knowle Court, Ocean Grove Sales Ledger: 987 a Date From To Transaction Description Receipt Number e Amount Balance 0.25 01/04/2022 Teal % initial n/a 455 $2,500.00 $2,500.00 deposit 08/04/2022 Teal Balance 5% n/a 456 $45,000.000 $50,000.00 04/05/2022 % Teal Balance -5% na 457 $50,000.00 $102,500.00 deposit 19 8 06/05/2022 In/a Vendors BSB 777 888 Account n/a 8 7 S 06/05/2022 In/a Entry Realty Commission In/a 8 22,000.00

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