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Outdoors unlimited uses special journals to record its daily transactions. Shown below is a Cash Receipts Journal and selected ledger accounts. Post the cash reciepts

Outdoors unlimited uses special journals to record its daily transactions. Shown below is a Cash Receipts Journal and selected ledger accounts. Post the cash reciepts journal to the appropriate accounts.

Cash Reciepts Journal

Date Account CR Explanation PR Cash DR Sales Disc. CR Accounts Rec.CR Sales CR Other Accts. CR

Jul 4 Able Co. Invoice 303 3,200 34 3,234

7 Sales Cash Sales 700 700

9 Bell Co. Invocie 304 950 950

10 Notes Pay. Bank Loan 5,400 5,400

20 Notes Rec. Delta Co. 2,200

20 Int. Earned 2,310 110

-----------------------------------------------------------------------------------------------------

12,560 34 4,184 700 7,710

a) General ledger

General Ledger

Cash

Notes Payable

Accounts Receivable

Sales

Notes Receivable

Sales Discounts

Accounts Payable

Interest earned

b) Accounts Receivable ledger

Accounts Receivable Ledger

Able Co.

Bell Co.

Help please AFB4 Accounting and Payroll Administraton

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