Sales Journal, Cash Receipts Journal, and General Journal
Owens Distributors is a retail business. The following sales,
returns, and cash receipts occurred during March 20--. There is an
8% sales tax. Beginning general ledger account balances were Cash,
$9,741; and Accounts Receivable, $1,058.25. Beginning customer
account balances were Thompson Group, $1,058.25.
Mar. 1
Sold merchandise to Able & Co., $1,800, plus sales tax.
Sale No. 33C.
3
Sold merchandise to R. J. Kalas, Inc., $2,240, plus sales tax.
Sale No....