CASH RECEIPTS TRANSACTIONS Color Florists, a retail business, had the follow- ing cash receipts during January 20--. The sales tax is 5%. Jan. 1 Received payment on account from Ray Boyd, $880. 3 Received payment on account from Clint Hassell, $271. 5 Cash sales for the week were $2,800 plus tax. Bank credit card sales for the week were $1,200 plus tax. Bank credit card fee is 3%. 8 Received payment on account from Jan Sowada, $912. 11 Ray Boyd returned merchandise for a credit, $40 plus tax. 12 Cash sales for the week were $3,100 plus tax. Bank credit card sales for the week were $1,900 plus tax. Bank credit card fee is 3%. 15 Received payment on account from Robert Zehnle, $1,100. 18 Robert Zehnle returned merchandise for a credit, $31 plus tax. 19 Cash sales for the week were $2,230 plus tax. 25 Received payment on account from Dazai Manufacturing, $318. Beginning general ledger account balances were: Cash $2,890.75 Accounts Receivable 6,300.00 Beginning customer account balances were: R. Boyd Dazai Manufacturing C. Hassell J. Sowada R. Zehnle $1,400 318 815 1,481 2,286 REQUIRED 1. Record the transactions starting on page 20 of a general journal. 2. Post from the journal to the general ledger and accounts receivable ledger accounts. Use account numbers as shown in the chapter