The following journal entries will be used in Frames 6 and 7.

There is no response required in this frame.

Journal Transactions Dr. Cr.

March 5 Inventory 6,000 Cash 6,000 March 10 Cash 6,000 Accounts Receivable 9,000 Revenues 15,000 March 10 Expenses 8,000 Inventory 8,000 March 31 Revenues 15,000 Retained Earnings 15,000 March 31 Retained Earnings 8,000 Expenses 8,000