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Bradley's Appliance Store had the following transactions during the month of May 2019. May 5 6 15 Sold a refrigerator to Mary Wilson that had a retail price of $650. Sales tax of $32.50 was also charged. Sold a freezer to Sam Lee. Issued sales slip for $900 plus sales tax of $45 Gave Mary Wilson an allowance for scratches on her refrigerator sold on May 5. Issued credit memorandum for $78.75, which includes $3.75 of sales tax Sold a television to Jill Hanna. Issued sales slip for $345 plus sales tax of $17.25 Sold two ovens to Steve Ferguson. Issued sales slip for $350 plus sales tax of $17.50 Accepted a return of a defective oven from Steve Ferguson. The oven was originally sold on May 20. Issued credit memorandum for $183.75, which included sales tax of $8.75. 25 Prepare journal entries to record the above transactions. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet 2 3 4 5 6 Sold a refrigerator to Mary Wilson that had a retail price of $650. Sales tax of $32.50 was also charged. Note: Enter debits before credits. General Journal Debit Credit Date May 05, 2019 Record entry Clear entry View general journal

Answer 1

Journal Entries:

Date	General Journal	Debit	Credit
May. 5	Accounts Receivable - Mary Wilson ($650 + $32.50)	$683
	Sales Revenue		$650
	Sales Tax Payable		$32.50
	(To record the sale of refrigerator on account along with collection of sales tax)
May. 6	Accounts Receivable - Sam Lee ($900 + $45)	$945
	Sales Revenue		$900
	Sales Tax Payable		$45
	(To record the sale of refrigerator on account along with collection of sales tax)
May. 8	Sales returns and allowances	$78.75
	Sales Tax Payable	$3.75
	Accounts Receivable - May Wilson ($78.75 + $3.75)		$82.50
	(To record the allowance given to Mary for scratches on refrigerator along with sales tax)
May. 15	Accounts Receivable - Jill Hanna ($345 + $17.25)	$362.25
	Sales Revenue		$345
	Sales Tax Payable		$17.25
	(To record the sale of refrigerator on account along with collection of sales tax)
May. 20	Accounts Receivable - Steve Ferguson ($350 + $17.50)	$367.50
	Sales Revenue		$350
	Sales Tax Payable		$17.50
	(To record the sale of refrigerator on account along with collection of sales tax)
May. 25	Sales returns and allowances	$183.75
	Sales Tax Payable	$8.75
	Accounts Receivable - May Wilson ($183.75 + $8.75)		$192.50
	(To record the allowance given to Mary for scratches on refrigerator along with sales tax)