PROBLEM 14-1 Recording Merchandising Transactions INSTRUCTIONS Record the following transactions in T-account form in your working papers for Sharp Shot Camera Shop. A partial chart of accounts follows: General Ledger Cash in Bank Accounts Receivable Merchandise Inventory Accounts Payable Sales Date Transactions Apr. 4 Sold 10 Canon cameras on account for $3,000, Sales Slip 224. 10 Sold 2 dozen photo albums for $150, cash, Sales Receipt 302 20 Sold 4 rolls of 35mm film for $24 cash, Sales Receipt 303. 25 Sold a Canon camera to a customer for $380 cash, Sales Receipt 304