Kozma Company’s chart of accounts includes the following selected accounts.
101 Cash ............... 401 Sales Revenue
112 Accounts Receivable ........ 414 Sales Discounts
120 Inventory ............. 505 Cost of Goods Sold
301 Owner’s Capital
On April 1, the accounts receivable ledger of Kozma Company showed the following balances: Morrow $1,550, Rose $1,200, Jennings Co. $2,900, and Dent $2,200. The April transactions involving the receipt of cash were as follows.
Apr. 1 The owner, T. Kozma, invested additional cash in the business $7,200.
4 Received check for payment of account from Dent less 2% cash discount.
5 Received check for $920 in payment of invoice no. 307 from Jennings Co.
8 Made cash sales of merchandise totaling $7,245. The cost of the merchandise sold was $4,347.
10 Received check for $600 in payment of invoice no. 309 from Morrow.
11 Received cash refund from a supplier for damaged merchandise $740.
23 Received check for $1,000 in payment of invoice no. 310 from Jennings Co.
29 Received check for payment of account from Rose.

Instructions
(a) Journalize the transactions above in a six-column cash receipts journal with columns for Cash Dr., Sales Discounts Dr., Accounts Receivable Cr., Sales Revenue Cr., Other Accounts Cr., and Cost of Goods Sold Dr./Inventory Cr. Foot and cross-foot the journal.
(b) Insert the beginning balances in the Accounts Receivable control and subsidiary accounts, and post the April transactions to these accounts.
(c) Prove the agreement of the control account and subsidiary account balances.