Question: Precision Electronics began operations September 1 , 2 0 1 . The firm sells its merchandise for cash and on open account. Sales are subject
Precision Electronics began operations September The firm sells its merchandise for cash and on open account. Sales are subject to a percent sales tax. The terms for all sales on credit are net During September, Precision Electronics engaged in the following transactions:
DATE
Septenber x
Septenber x
September exa
Septeaber
Septenber ext
septemper xal
September
Septenter x
Septenber xi
Septenber xi
Septesher x
fepteaber
Septenter xI
TRUNSACTIONS
Sold a highdefinition television set on credit to cindy Chinz issued sales Sip for plus sales tax of
Sold stereo equipment on credit to Bob Perez; issued Sales p for plus sales tax of
Sold a Bicrowave oven on credit to Bobbi Haber; issued sales for flus sales tax of $
Accepted returs of defective stereo equipoent froe Bob Perez; issued Credit Nemorandus for $ plus sales tax of $ The steree equipeent was sold on September
Fecorded cash sales for the period froa September I to September of ples sales tax of
Sold a pas Precision Electronics began operations September The firm sells its merchandise for cash and on open account. Sales are subject to a percent sales tax. The terms for all sales on credit are net During September, Precision Electronics engaged in the following transactions:
DATE
Septenber x
Septenber x
September exa
Septeaber
Septenber ext
septemper xal
September
Septenter x
Septenber xi
Septenber xi
Septesher x
fepteaber
Septenter xI
TRUNSACTIONS
Sold a highdefinition television set on credit to cindy Chinz issued sales Sip for plus sales tax of
Sold stereo equipment on credit to Bob Perez; issued Sales p for plus sales tax of
Sold a Bicrowave oven on credit to Bobbi Haber; issued sales for flus sales tax of $
Accepted returs of defective stereo equipoent froe Bob Perez; issued Credit Nemorandus for $ plus sales tax of $ The steree equipeent was sold on September
Fecorded cash sales for the period froa September I to September of ples sales tax of
Sold a pas
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