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E7-4 The sales and cash receipts journals of Manitoba Maple Products include the following entries: Cash Receipts Journal Debits Credits Other Accounts Sales Accounts Sales
E7-4 The sales and cash receipts journals of Manitoba Maple Products include the following entries: Cash Receipts Journal Debits Credits Other Accounts Sales Accounts Sales Account Post. Cash Discounts Receivable Revenue Title Ref. Amount I. Pax F. Zehr 600 600 W. Singh Cost of Goods Sold Dr Inventory Cr Date May 16 19 24 380 30 Date May 7 Sales Journal Invoice Account Post. Accounts Receivable Dr Cost of Goods Sold Dr No. Debited Ref. Sales Revenue Cr Inventory Cr 671 I. Pax 220 72 672 W. Singh 120 58 673 F. Zehr 120 50 674 J. Legg 240 120 Total 700 300 10 10 12 31 Required Complete the cash receipts journal for those transactions indicated. There are no sales discounts. Also, total the journal and show that total debits equal total credits
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