Bobbie Singh provides writing services for small business. He blogs for companies that need professionally written content. His business records at July 15,2020 , are shown below. During the remainder of July, the business completed the following transactions: (Click the icon to view the trial balance.) (Click the icon to view the transactions.) Requirement 1. Record the transactions that occurred during July 16 through 31 in Page 6 of the journal. Include an explanation for each eniry. Begin with the journal entry for the transaction that occurred on July 16th. Collected $7,400 cash from a client on account. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. If no entry is necessary, enter the date and select "No entry necessary." on the first line of the joumal entry.)