Response to the following :
1. Record the following transactions in general journal form.
a. Sold merchandise on account to A. Bauer, $680 plus $54.40 sales tax (invoice no. D446).
b. Bauer returned $105.50 of the merchandise. Issued credit memo no. 114 for $113.94 ($105.50 for the amount of the sale plus $8.44 for the amount of the sales tax).
2. Journalize the following transactions in general journal form.
a. Bought merchandise on account from Brewer, Inc., invoice no. B2997, $914; terms net 30 days; FOB destination.
b. Received credit memo no. 96 from Brewer, Inc., for merchandise returned, $238.