RECOMMENDED!!The Appliance Store began operations

  

The Appliance Store began operations March 1, 2019. The firm sells its merchandise for cash and on open account. Sales are subject to a 6 percent sales tax. During March, The Appliance Store engaged in the following transactions:DATE TRANSACTIONS 2019 March 1 Sold merchandise on credit to Dave Allen; issued Sales Slip 101 for $600 plus sales tax of $36. 4 Sold merchandise on credit to Castor Phan; issued Sales Slip 102 for $950 plus sales tax of $57. 12 Sold merchandise on credit to Chris Hughes; issued Sales Slip 103 for $1,100 plus sales tax of $66. 15 Recorded cash sales for the period from March 1 to March 15 of $7,300 plus sales tax of $438. 25 Sold merchandise on credit to Brian Cooley; issued Sales Slip 104 for $900 plus sales tax of $54. 28 Received a check from Castor Phan of $190 to apply toward his account. 31 Recorded cash sales for the period from March 16 to March 31 of $4,200 plus sales tax of $252. 31 Received payment in full from Dave Allen for the sale of March 1.Required:Record the transactions in a general journal.Post the entries from the general journal to the appropriate general ledger accounts. GENERAL LEDGER ACCOUNTS 101 Cash 221 Sales Tax Payable 111 Accounts Receivable 401 SalesAnalyze:What were the total cash receipts during March?