ART B - Question 6 (12 marks) Outdoors Unlimited uses special journals to record its daily transactions. Shown below is a Cash Receipts Journal and selected ledger accounts. Post the Cash Receipts Journal to the appropriate accounts. Cash Receipts Journal Page 11 Sales Accts Other Account Cash Date Disc. Rec. Sales Accts. Credited Explanation PR Debit Debit Credit Credit Credit July 4 Able Co. Inv. 303 3,200 34 3,234 7 Sales Cash Sales 700 700 9 Bell Co. Inv. 304 950 950 10 Notes Pay. Bank loan 5,400 5,400 20 Notes Rec. Delta Co. 2,200 20 Int. Earned 2,310 110 12,560 34 4,184 700 7,710 General Ledger Cash Notes Payable Accounts Receivable Sales Notes Receivable Sales Discounts Accounts Payable Interest Earned Accounts Receivable Ledger Able Co. Bell Co. Bal. 4,750 Bal. 1,950