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Problem 2 Cash Receipts Roueiwlald Cash Payments Journal. On July 31, the Mary Montz account in the Accounts Receivable Subsidiary Ledger appeared as follows: Atex

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Problem 2 Cash Receipts Roueiwlald Cash Payments Journal. On July 31, the Mary Montz account in the Accounts Receivable Subsidiary Ledger appeared as follows: Atex Company uses a General Journal, a Purchases Journal, a Sales Journal,a Account No. Mary Montz Post Debit CreditBalance S5 400 GJ14 CR10 S7 100 Date Item 400 Jan. 15 Apr. 10 May 4 50 350 250 1100 June 8 200 Write a one-sentence explanation of each transaction affecting Mary Mont's account, including the journal from which the entry was posted. NOTE Put your response to Problem 2 in the space below: Jan 15 Apr 10: May 4 June 8

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