Exercise 21-4 (Algo) Summary entries for cash received from customers [LO21-3] For each of the three independent situations determine the amount of cash received from the customers and prepare journal entries that summarize the selling and collection activities for the reporting period. All dollars are in millions. * Answer is not complete. Complete this question by entering your answers in the tabs below. Cash Recd from Cust General Journal Prepare journal entries that summarize the selling and collection activities for the reporting period. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) No Event 1 1 Cash Sales revenue 2 2 Accounts receivable Cash Sales revenue 3 3 Cash Sales revenue General Journal Debit Credit 235 x 25 x 260 Accounts receivable < Cash Recd from Cust General Journal 285 260 25