JOURNALIZING SALES ON ACCOUNT June 1. Sold golf equipment on account to Golden Golf League, $280.00, plus sales tax, $14.00; total, $294.00. Sales Invoice No. 101. 1 3 2 6 4 5 1. Write the date. 2. Write the customer name. 3. Write the sales invoice number. 4. Write the total invoice amount. 5. Write the sales tax payable amount. 6. Write the sales amount. Lesson 2-1, page 41

POSTING FROM A SALES JOURNAL TO THE ACCOUNTS RECEIVABLE LEDGER 2 5 1 3 4 1. Write date. 2. Write sales journal page. 3. Enter amount of debit column. 4. Enter account balance. 5. Write customer number in Post. Ref. column of sales journal. Lesson 2-1, page 42

POSTING FROM A SALES JOURNAL TO A GENERAL LEDGER ACCOUNT 2 1 3 5 4 1. Write date. 2. Write sales journal page. 3. Enter debit amount. 4. Enter account balance. 5. Write general ledger account number in parentheses. Lesson 2-1, page 43

JOURNALIZING SALES RETURNS AND ALLOWANCES Galaxy Tennis Club for tennis equipment returned, $130.00, plus sales tax, $6.50, from Sales Invoice No. 100; total, $136.50. Credit Memorandum No. 43. CREDIT MEMORANDUM NO. MasterSport 4750 Appian Way San Jose, CA 95125-0210 June 2, 20-- TO Galaxy Tennis Club 21 Beach View Rd. San Jose, CA 95021-1168 ACCOUNT NO. 130 DATE QUANTITY 21 DESCRIPTION Tennis equipment, Invoice No. 100 Sales tax PRICE 130.00 6.50 TOTAL 136.50 1. Write the date. 1 2. Write customer name. 2 3. Write credit memo number. 3 4. Enter credit amount. 4 5. Enter debit amount. 5 6. Enter debit amount in correct column. 6 Lesson 2-1, page 45

POSTING FROM A SALES RETURNS AND ALLOWANCES JOURNAL 1. Post individual entries to account receivable ledger. 1 2 2. Post column totals to correct accounts in the general ledger. Lesson 2-1, page 46

TERMS REVIEW credit memorandum Lesson 2-1, page 47