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Jul. 5 Sold merchandise inventory for cash, $ 2 , 6 0 0 . Cost of goods, $ 2 , 1 0 0 . Jul.
Jul. Sold merchandise inventory for cash, $ Cost of goods, $
Jul. Collected interest revenue of $
Jul. Received cash from Hadden Nape, $ on account. There was no discount.
Jul. Received $ from Megan Doll in full settlement of his account receivable including sales discounts forfeited of $Jul. Sold merchandise inventory for cash, $ Cost of goods, $
Jul. Collected interest revenue of $
Jul. Received cash from Hadden Nape, $ on account. There was no discount.
Jul. Received $ from Megan Doll in full settlement of his account receivable including sales discounts forfeited of $
Use the following cash receipts journal to record the transactions. If a box is not used in the journal leave the box empty; do not select any information and do not enter a zero. Abbreviations used: Disc. Discounts, Forfeit. Forfeited; Rec. Receivables, Rev. Revenue, Accts Accounts, Inv. Inventory
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tableCash Receipts Journal,DateAccount Credited,tablePostRefCash DRtableAccountsRec CRtableSalesRev CRtableSales Disc.Forfeit CRtableOtherAccts CRtableCost ofGoods SoldDRMerchandiseInv CRJul
Jul. Sold merchandise inventory for cash, $ Cost of goods, $
Jul. Collected interest revenue of $
Jul. Received cash from Hadden Nape, $ on account. There was no discount.
Jul. Received $ from Megan Doll in full settlement of his account receivable including sales discounts forfeited of $
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