Kozma Companys chart of accounts includes the following selected accounts.

101		Cash		401		Sales Revenue
112		Accounts Receivable		414		Sales Discounts
120		Inventory		505		Cost of Goods Sold
301		Owners Capital

On April 1, the accounts receivable ledger of Kozma Company showed the following balances: Morrow $1,500, Rose $1,200, Jennings Co. $2,850, and Dent $2,000. The April transactions involving the receipt of cash were as follows.

Apr. 1		The owner, T. Kozma, invested additional cash in the business $7,100.
4		Received check for payment of account from Dent less 2% cash discount.
5		Received check for $870 in payment of invoice no. 307 from Jennings Co.
8		Made cash sales of merchandise totaling $7,200. The cost of the merchandise sold was $4,320.
10		Received check for $550 in payment of invoice no. 309 from Morrow.
11		Received cash refund from a supplier for damaged merchandise $690.
23		Received check for $1,200 in payment of invoice no. 310 from Jennings Co.
29		Received check for payment of account from Rose (no cash discount allowed).