1. JOURNALIZING SALES ON ACCOUNT
June 1. Sold golf equipment on account to Golden Golf League, $280.00, plus sales tax, $14.00; total, $ 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

2. POSTING FROM A SALES JOURNAL TO THE ACCOUNTS RECEIVABLE LEDGER2 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

3. POSTING FROM A SALES JOURNAL TO A GENERAL LEDGER ACCOUNT2 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

4. 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, $ Credit Memorandum No. 43.
CREDIT MEMORANDUM NO.
MasterSport
4750 Appian Way
San Jose, CA
June 2, 20-- TO
Galaxy Tennis Club
21 Beach View Rd.
San Jose, CA
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

5. 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

6. TERMS REVIEW
credit memorandum
Lesson 2-1, page 47