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 answerFill 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. 04/05/2022: Settlement Day, Remainder of balance is payable today - 5%. 06/05/2022: Sale has been completed, you are able to draw on your $22,000 commission and the remaining balance to be paid to the vendors account: BSB 777 888 Account 333 444 55 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 Date From To Transaction Description Receipt Number e Amount Balance ofMr and Mr Emerald Sale to Mr and Mrs Teal Property: 8 Knowle Court, Ocean Grove Sales Ledger: 987 m Date From To Transaction Description Receipt e Amount Balance Number 0.25 % initial 01/04/2022 Teal n/a 455 $2,500.00 $2,500.00 deposit 08/04/2022 Teal Balance 5% In/a 456 $45,000.000 $50,000.00 Balance -5% % 04/05/2022 Teal n/a 457 deposit 06/05/2022 n/a n/a (S 06/05/2022 n/a Entry Realty n/a

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