Pharoah Compary s chart of accounts includes the following selected accounts. On April 1, the accounts receivable ledger of Pharoah Company showed the following balances: Morrow $1,570, Rose $1.220. Jenning: Co. \$2,900, and Dent \$2,150, The April transactions involving the receipt of cash were as follow5. 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 pryment 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 \$7 15. 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). General Ledger ccounts Recelvable No. 112 Cash Receipts Date Account Credited Apn 1.2 Omner's Conital 301 Apr. B Y Aor. 10 Apr, 11 Apr. 23 Apr. 29 Ref. Cash Dr. 7220 625 120 Sales Discounts Dr. Accounts Re i. I i i i i 43