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ation B-Page 12 of 13 PART B - Question 6 (12 marks) Outdoors Unlimited uses special journals to record its daily transactions. Shown below is

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ation B-Page 12 of 13 PART 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 Sales Acets Other Account Cash Disc, Rec. Sales Accts. Date Credited Explanation PR Debit Debit Credit Credit Credit July 4 Able Co. Inv. 303 3,200 3,234 Page 11 34 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 12,560 34 110 7,710 4,184 700 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

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