Pharoah Company's chart of accounts includes the following selected accounts. 101 Cash 112 Accounts Receivable 120 301 Inventory Owner's Capital 401 414 505 Sales Revenue Sales Discounts Cost of Goods Sold

Pharoah Company's chart of accounts includes the following selected accounts. Insert the beginning balances in the Accounts Receivable control and subsidiary accounts, and post the April transactions to thes accounts. (Post entries in the order of entries presented in the previous part.) On April 1, the accounts receivable ledger of Pharoah Company showed the following balances: Morrow $1,570, Rose $1,220, Jennings Co. $2,900, and Dent $2,150. The April transactions involving the receipt of cash were as follows. Apr. The owner, T. Pharoah, invested additional cash in the business $7,220. 1 4 Received check for payment of account from Dent less 2% cash discount. 5 Received payment in full for $940 from Jennings Co for invoice no, 307. 8 Made cash sales of merchandise totaling $7,260. The cost of the merchandise sold was $4,356. 10 Received payment in full for $625 from Morrow for invoice no. 309. 11 Received cash refund from a supplier for damaged merchandise $715. 23 Received payment in full for $1,140 from Jennings Co. for invoice no, 310 . 29 Received check for payment of account from Rose (no cash discount allowed)