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Houthan Company completed the following selected transactions during March 2025 (Click the icon to view the transactions Read the requirements Requirements 1 & 2. Record
Houthan Company completed the following selected transactions during March 2025 (Click the icon to view the transactions Read the requirements Requirements 1 & 2. Record the transactions in the cash receipts journal, page 7 Compute column totals at March 31 (if a box is not used in the table leave the box emoty, do not select a label or enter a zero Select "x" if the column total is not posted Do not endor a o" for zoro balances and do not sold "x" for zero balance columns Abbreviation used COGS - Cost of Goods Sold Disc Discounts, Forfait Forfeited Merch Merchandise, PayPayable Rec-Receivables, Rev. = Revenue Accts - Accounts, lov inventory) Cash Receipto Journal Page Post Accounts Sales Sales Disc Other COGS DR Date Account Credited Ref. Cash DR Rec. CR Rev. CR Forfeit. CR Accts CR Merch Inv. CR 2025 Mar Houlihan Company completed the following selected transactions during March 2025 (Click the icon to view the transactions.) Read the requirements Mar Mar 31 Totals X More info ted the the trar Mar. 4 Mar. 6 Mar. 9 Received $500 for a cash sale of merchandise inventory to a customer (cost, S319) Received S65 on account, terms n/30 from Brady Lee Received $1,080 on a note receivable from Beverly Mann This amount includes the $1.000 note receivable plus interest revenue Received $800 for a cash sale of merchandise inventory to a customer (cost, S522) Borrowed $2.200 by signing a note payable to Interstate Bank Received $1 200 on account from Lance Albert Collection was received after the discount period and included $20 of sales discounts forfeited Mar. 15 Mar. 24 Mar. 27 Print Done
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