Question 1 of 5 0.371 Blossom Company's chart of accounts includes the following selected accounts. 101 Cash Accounts Receivable 401 112 414 Sales Revenue Sales Discounts Cost of Goods Sold 120 301 505 Inventory Owner's Capital On April 1, the accounts receivable ledger of Blossom Company showed the following balances: Morrow $1.540, Rose $1,210, Jennings Co. $2,890, and Dent $2,050. The April transactions involving the receipt of cash were as follows. The owner, T. Blossom, invested additional cash in the business $7.240. Apr. 1 4 5 8 10 Received check for payment of account from Dent less 2% cash discount. Received check for $905 in payment of invoice no. 307 from Jennings Co. Made cash sales of merchandise totaling $7,210. The cost of the merchandise sold was $4,326.00. Received check for $560 in payment of invoice no. 309 from Morrow. Received cash refund from a supplier for damaged merchandise $755. Received check for $1,005 in payment of invoice no. 310 from Jennings Co. Received check for payment of account from Rose (no cash discount allowed). 11 23 29 0.3/1 Insert the beginning balances in the Accounts Receivable control and subsidiary accounts, and post the April transactions to these accounts. (Post entries in the order of entries presented in the previous part.) General Ledger Accounts Receivable Date Explanation Ref. Debit No. 112 Balance Credit Balance CR1 Accounts Receivable Subsidiary Ledger Morrow Date Explanation Ref. Debit Credit Balance Balance CR1 Rose Debit Credit Balance Date Explanation Ref. Balance O DC 0.3 / 1 CR1 Rose Date Explanation Ref. Debit Credit Balance V Balance CR1 Jennings Co. Date Explanation Ref. Debit Credit Balance Balance V CR1 CR1 Dent Balance Credit Debit Date Explanation Ref. Balance CR1