Jun 2 3 4 Issued invoice no. 291 for a sale on account to Lippert Design Ltd., $420. Sidney's cost of this inventory was $252. Purchased inventory on credit terms of 2/10, n/30 from Delaney Co., $4,200. The invoice was dated June 3. Sold inventory for cash, $480 (cost, $326). 5 Issued cheque no. 45 to Owen's Office Supplies to purchase office furniture for cash, $2,200. 8 Received payment on account, $320. The discount period had expired. 10 Purchased inventory from Mitchell Corp. for cash, $2,500, issuing cheque no. 46. 13 Received $420 cash from Lippert Design Ltd. in full settlement of its account receivable. 13 Issued cheque no. 47 to pay Delaney Co. the net amount owed from June 3. 14 Purchased supplies on account from Peter's Supply Shop, $700. 10 Purchased inventory from Mitchell Corp. for cash, $2,500, issuing cheque no. 46. 13 Received $420 cash from Lippert Design Ltd. in full settlement of its account receivable. 13 Issued cheque no. 47 to pay Delaney Co. the net amount owed from June 3. 14 Purchased supplies on account from Peter's Supply Shop, $700. Payment is due in 30 days. The invoice was dated June 14. 15 Sold inventory on account to Friendly Diner, issuing invoice no. 292 for $840 (cost, $578). 20 Purchased inventory on credit terms of net 30 from Sailor Sales Ltd., $3,400. The invoice was dated June 19. 22 Issued cheque no. 48 to pay for insurance coverage, debiting Prepaid Insurance for $2,800. 25 Issued cheque no. 49 to pay utilities, $530. 28 Sold goods for $670 cash (cost, $355). Savannah Company experienced the following transactions during June 2017: (Click the icon to view the transactions.) a. Which of these transactions would be recorded in the sales journal? Record those transactions in a sales journal. b. Which of these transactions would be recorded in the cash receipts journal? Record those transactions in a cash receipts journal. a. Which of these transactions would be recorded in the sales journal? Record those transactions in a sales journal. The sales journal records Record the transactions that should be entered in the sales journal. Sales Journal Accounts Receivable Dr. Invoice Customer Post. Sales Page 2 Cost of Goods Sold Dr. Inventory Date No. Account Debited Ref. Revenue Cr. Cr. Date Jun a. Which of these transactions would be recorded in the sales journal? Record those transactions in a sales journal. b. Which of these transactions would be recorded in the cash receipts journal? Record those transactions in a cash re Accounts Cost of Goods Receivable Dr. Sold Dr. Invoice Customer Post. Sales Inventory No. Account Debited Ref. Revenue Cr. Cr. 30 Total lotal b. Which of these transactions would be recorded in the cash receipts journal? Record those transactions in a cash receipts journal. The cash receipts joumal records Complete the Cash Receipts Journal with the appropriate transactions. (If a box is not used in the journal, leave the box empty; do not select a a zero.) Jun Cash Receipts Journal Page 5 DEBITS CREDITS Cost of OTHER ACCOUNTS Goods Sold Date Sales Accts. Sales Account Post. Dr. Inventory Cash Discount Rec. Rev. Title Ref. Amount Cr. 30 Totals