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need help recording the transaction Use the following cash receipts journal to record the transactions. (if a box is not used in the journal leave

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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) (Click the icon to view the transactions.) More info Jul. 5 Sold merchandise inventory for cash, $1,700. Cost of goods, $1,400. Jul. 12 Collected interest revenue of $2,050. Jul. 18 Recelved cash from Heidi Next, $1,200, on account. There was no discount. Jul. 29 Received $5,300 from Mitch Dylan in full settlement of his account receivable including sales discounts forfeited of $20

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