-/ 15 View Policies Current Attempt in Progress Sheridan Company's chart of accounts includes the following selected accounts. 401 101 112 414 Cash Accounts Receivable Inventory Owner's Capital Sales Revenue Sales Discounts Cost of Goods Sold 120 505 301 On April 1, the accounts receivable ledger of Sheridan Company showed the following balances: Morrow $1,550, Rose $1.230, Jennings Co. $2,880, and Dent $2,100. The April transactions involving the receipt of cash were as follows. The owner, T. Sheridan, invested additional cash in the business $7.120. Apr. 1 4 5 8 10 Received check for payment of account from Dent less 2% cash discount. Received check for $880 in payment of invoice no. 307 from Jennings Co. Made cash sales of merchandise totaling $7.220. The cost of the merchandise sold was $4.332.00. Received check for $595 in payment of invoice no. 309 from Morrow. Received cash refund from a supplier for damaged merchandise $745. Received check for $1,180 in payment of invoice no. 310 from Jennings Co. Received check for payment of account from Rose (no cash discount allowed). 11 23 29 Journalize the transactions above in a six-column cash receipts journal and cross-foot the journal. (Record entries in the order displayed in the problem statement Round answers to decimal places, eg. 5,275.) 1!! Cash Receipts Journal Date Account Credited Ref. Cash Dr. Accounts Rece Sales Discounts Dr. Apr 1