Problem $7\mathrm{.}4$A $($Algo$)$ Recording sales transactions, posting to the accounts receivable ledger, and preparing a schedule of accounts receivable. LO $7-1,7-2,7-3,7-4,7-5,7-6$

Bella Floral Designs is a wholesale shop that sells flowers, plants, and plant supplies. The transactions shown below took place during January. All customers have credit terms of $\frac{n}{30}.$

DATE TRANSACTIONS

Jan. $3$ Sold a floral arrangement to Thomas Florist; issued Invoice $1081$ for $$440.$

$8$ Sold potted plants to Carter Garden Supply; issued Invoice $1082$ for $$745.$

$9$ Sold floral arrangements to Thomasville Flower Shop; issued Invoice $1083$ for $$450.$

$10$ Sold corsages to Moore's Flower Shop; issued Invoice $1084$ for $$470.$

$15$ Gave Thomasville Flower Shop an allowance because of withered blossoms discovered in one of the floral

arrangements sold on Invoice $1083$ on January $9$; issued Credit Memorandum $101$ for $$44.$

$20$ Sold table arrangements to Cedar Hill Floral Shop; issued Invoice $1085$ for $$420.$

$22$ Sold plants to Applegate Nursery; issued Invoice $1086$ for $$620.$

$25$ Sold roses to Moore's Flower Shop; issued Invoice $1087$ for $$421.$

$27$ Sold several floral arrangements to Thomas Florist; issued Invoice $1088$ for $$895.$

$31$ Gave Thomas Florist an allowance because of withered blossoms discovered in one of the floral arrangements sold on Invoice $1088$ on January $27$; issued Credit Memorandum $102$ for $$120.$

Required:

Record the transactions in the proper journal.

Post to the accounts receivable ledger.

Post the amounts from the general journal daily. Post the sales journal amount as a total at the end of the month.

Prepare a schedule of accounts receivable. Compare the balance of the Accounts Receivable control account with the total of the schedule.

Analyze:

Damaged goods decreased sales by what dollar amount? By what percentage amount?

Answer is not complete.Analyze:

Damaged goods decreased sales by what dollar amount? By what percentage amount?

Answer is not complete.

Complete this question by entering your answers in the tabs below.

Sales Journal

General

Ledger

Schedule of Journal Accounts Acct Rec

Analyze

Prepare general journal entries as needed.GENERAL LEDGERACCOUNTS RECEIVABLE SUBSIDIARY LEDGER

$\backslash$table$[[$Applegate Nursery,Terms: n$/45,$Carter Garden Supply,Terms: n$/45],[$Date$,$Debit,Credit,Balance,Date,Debit,Credit,Balance$],[$Jan$.22,20$X$1,,700,(700),$Jan. $08,20$X$1,785,,785],[,,,,,,],[,-,,,,,],[$Cedar Hill Floral Shop,Terms: $\frac{n}{45},$Moore's Flower Shop,Terms: n$/45],[$Date$,$Debit,Credit,Balance,Date,Debit,Credit,Balance$],[Jan\mathrm{.}20,201,460,,460,$Jan. $10,20$X$1,550,,550],[,,,$Jan. $25,20$X$1,429,,979],[,,,,,,],[$Thomas Florist,Terms: $\frac{n}{45},$Thomasville Flower Shop,Terms: $\frac{n}{45}$