Cash Receipts Journal Zebra Imaginarium, a retail business, had the following cash receipts during December 20-- The sales tax is 6%. Dec. 1 Received payment on account from Michael Anderson, $1,383. 2 Received payment on account from Ansel Manufacturing, $410. 7 Made cash sales for the week, $3,360, plus tax. Bank credit card sales for the week, $1,400, plus tax. Bank credit card fee is 3%. 8 Received payment on account from J. Gorbea, $865. 11 Michael Anderson returned merchandise for a credit, $54, plus tax. 14 Made cash sales for the week, $2,940, plus tax. Bank credit card sales for the week, $1,000, plus tax. Bank credit card fee is 3%. 20 Received payment on account from Tom Wilson, $1,165. 21 Ansel Manufacturing returned merchandise for a credit, $21, plus tax. 21 Made cash sales for the week, $3,170, plus tax. 24 Received payment on account from Rachel Carson, $2,061. Required: 1. Record the transactions in the cash receipts journal. Use two lines for December 7 and December 14 transactions. Enter the cash sales first, followed by bank credit card sales. Total the columns. Use the gene allowances. Enter the posting references when you complete part 2. Cash Receipts Journal Page 10 Accounts Bank Credit Cash Date Account Credited Post. Ref. General Credit Sales Credit Receivable Credit Sales Tax Payable Credit Card Expense Debit Debit 20-- Dec. 1 Michael Anderson 0 1,383 0 0 0 1,383 Dec. 2 Ansel Manufacturing 0 410 O 0 0 410 Dec. 7 o 0 3,360 1,400 X 100.8 Dec. 11 X allowances. Enter the posting references when you complete part 2 Cash Receipts Journal Accounts Page 10 Date Account Credited Post. Ref. General Credit Sales Credit Receivable Credit Sales Tax Payable Credit Bank Credit Card Expense Debit Cash Debit 20- Dec. 1 Michael Anderson 0 1,383 0 0 o Dec. 2 Ansel Manufacturing 1,383 V 0 410 0 0 0 Dec. 7 410 v 0 0 3,360 1,400 x 100.8 X Dec. 11 X V Dec. 11 X Michael Anderson X Dec. 14 Dec. 14 Dec. 20 Tom Wilson Dec. 21 Dec. 21 Dec. 24 7 Rachel Carson (122) (401) (231) (513) (101) Verify that the total of the debit columns equals the total of the credit columns. Debit total: $ Credit total: $ Check My Work Credit total: GENERAL JOURNAL PAGE 3 DATE DESCRIPTION POST. REF. DEBIT CREDIT 20-- N IV Feedback Cash Receipts Journal Zebra Imaginarium, a retail business, had the following cash receipts during December 20-- The sales tax is 6%. Dec. 1 Received payment on account from Michael Anderson, $1,383. 2 Received payment on account from Ansel Manufacturing, $410. 7 Made cash sales for the week, $3,360, plus tax. Bank credit card sales for the week, $1,400, plus tax. Bank credit card fee is 3%. 8 Received payment on account from J. Gorbea, $865. 11 Michael Anderson returned merchandise for a credit, $54, plus tax. 14 Made cash sales for the week, $2,940, plus tax. Bank credit card sales for the week, $1,000, plus tax. Bank credit card fee is 3%. 20 Received payment on account from Tom Wilson, $1,165. 21 Ansel Manufacturing returned merchandise for a credit, $21, plus tax. 21 Made cash sales for the week, $3,170, plus tax. 24 Received payment on account from Rachel Carson, $2,061. Required: 1. Record the transactions in the cash receipts journal. Use two lines for December 7 and December 14 transactions. Enter the cash sales first, followed by bank credit card sales. Total the columns. Use the gene allowances. Enter the posting references when you complete part 2. Cash Receipts Journal Page 10 Accounts Bank Credit Cash Date Account Credited Post. Ref. General Credit Sales Credit Receivable Credit Sales Tax Payable Credit Card Expense Debit Debit 20-- Dec. 1 Michael Anderson 0 1,383 0 0 0 1,383 Dec. 2 Ansel Manufacturing 0 410 O 0 0 410 Dec. 7 o 0 3,360 1,400 X 100.8 Dec. 11 X allowances. Enter the posting references when you complete part 2 Cash Receipts Journal Accounts Page 10 Date Account Credited Post. Ref. General Credit Sales Credit Receivable Credit Sales Tax Payable Credit Bank Credit Card Expense Debit Cash Debit 20- Dec. 1 Michael Anderson 0 1,383 0 0 o Dec. 2 Ansel Manufacturing 1,383 V 0 410 0 0 0 Dec. 7 410 v 0 0 3,360 1,400 x 100.8 X Dec. 11 X V Dec. 11 X Michael Anderson X Dec. 14 Dec. 14 Dec. 20 Tom Wilson Dec. 21 Dec. 21 Dec. 24 7 Rachel Carson (122) (401) (231) (513) (101) Verify that the total of the debit columns equals the total of the credit columns. Debit total: $ Credit total: $ Check My Work Credit total: GENERAL JOURNAL PAGE 3 DATE DESCRIPTION POST. REF. DEBIT CREDIT 20-- N IV Feedback