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December 1 Jack Peney invested an additional $15,000 in the store. 3 Sold $900 of merchandise on account to B. Dumont, sales ticket no. 60 ; terms 4/10,n/30. The cost of the merchandise was $630. 4 Sold $800 of merchandise on account to Ron Lane, sales ticket no. 61 ; terms 4/10,n/30. The cost of the merchandise was $640. 9 Sold $600 of merchandise on account to Jim Zhang, sales ticket no. 62; terms 4/10, n/30. The cost of the merchandise was $240. 10 Received cash from B. Dumont in payment of December 3 transaction, sales ticket no, 60, less discount. 20 Sold $5,000 of merchandise on account to Patrice Pry, sales ticket no. 63; terms 4/10, n/30. The cost of the merchandise was $3,500. 22 Received cash payment from Ron Lane in payment of December 4 transaction, sales ticket no. 61. 23 Collected cash sales, $3,800. The cost of the merchandise was $2,660. 24 Issued credit memorandum no. 1 to Patrice Pry for $2,200 of merchandise roturned from December 20 sales on account. The cost of the merchandise was $1,540. 26 Recelved cash from Patrice Pry in payment of December 20, sales ticket no, 63. (Don't forget about the credit memo and discount.) 28 Collected cash sales, $7,800. The cost of the merchandise was $5,460. 30 Sold sneaker rack equipment for $450cash. (Beware, sold at cost.) 30 Sold merchandise priced at $5,000, on account to Ron Lane, sales ticket no, 64; terms 4/10, n/30. The cost of the marchandisa was $4.000 30 Sold merchandise priced at $5,000, on account to Ron Lane, sales ticket no. 64; terms 4/10,n/30. The cost of the merchandise was $4,000. 31 Issued credit memorandum no. 2 to Ron Lane for $1,000 of merchandise returned from December 30 transaction, sales ticket no. 64 . The cost of the merchandise was $700. Jack Peney owns Peney's Sneaker Shop. (Balances as of December.1 are provided for the accounts receivable and general ledger accounts as follows: Dumont. $375 Dr;; Lane, \$800 Dr; Pry, \$500 Dr; Zhang, \$400 Dr; Cash, \$17,000 Dr; Accounts Receivable, \$2,075 Dr; Sneaker Rack Equipment, \$1,350 Dr: J. Peney, Capitat, $38,000 Cri: Sales, $2,400Cr. The balance of Merchandise inventory is $17,000.) The following transactions occurred in December: 2) (Click the icon to view the transactions.) Read the reguirements Jack Peney owns Peney's Sneaker Shop. (Balances as of December 1 are provided for the accounts receivable and goneral ledger accounts as follows: Dumont. $375 Dr; Lane, \$800 Dr.; Pry, \$500 Dr; Zhang, \$400 Dr; Cash, \$17,000 Dr; Accounts Recelvable, \$2,075 Dr; Sneaker Rack Equipment, \$1,350 Dr; Peney, C $38,000Cr; Sales, $2,400Cr. The balance of Merchandise Inventory is $17,000.) The following transactions occurred in December. 3) (Crick the icon to view the transactions.) Read the requirements Jack Peney owns Peney's Sneaker Shop. (Balances as of December 1 are provided for the accounts receivable and peneral ledger accounts as follows: Durnont, $375 Dr; Lane, $800 Dr;; Pry. $500 Dr;: Zhang. $400 Dri; Cash, $17,000 Dr;; Accounts Recelvable, $2,075 Dri; Sneaker Rack Equiprnent, $1,350 Dr. J, Penoy, Capitat, $38,000Cr; Sales, $2,400Cr. The balance of Merchandise Inventory is $17,000.) The following transactions occurred in Docember: (Click the icon to view the transactione) Cost of Goods Sold Requirement 3. Prepare a schedule of accounts receivable for the end of December. Review the accounts receivable subsidiary ledger from Requirement 2