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Question 9 (1 point) What did you write on check #47852 from Hawkins College? S&CR Transaction #9 15 27th Yes 2.21 Received check No. 47852

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Question 9 (1 point) What did you write on check #47852 from Hawkins College? S&CR Transaction #9 15 27th Yes 2.21 Received check No. 47852 (Doc. No. 8) for $5,835 and customer purchase order No. H8241 (Doc. No. 4) in the mail from Hawkins College for a cash sale. All goods ordered were shipped and the cash sale was processed and recorded. Made a bank deposit for this cash sale plus today's collection from Eastern Wisconsin University. Received validated deposit receipt (Doc. No. 11) from the bank after deposit was made. Carrier & number: Interstate Motor Freight: Carrier number 62XY404 Freight charges: FOB shipping point (ie, will be paid by Hawkins College) Route: Direct Truck & driver: Truck 64, Regina Rexrode Freight rate: $37.00 per 100 lbs. Shipment: 3 cartons/basketballs @ 14 lbs./carton 15 cartons/hip, tail, and arm pad sets @32 lbs/carton 5 cartons/footballs @ 24 lbs./carton Record this cash receipt and process the bank deposit for the day. File Doc. No. 9 and Doc. No. 11 in the Temporary file tab. Transaction #9 Hints This transaction is a cash sale, not a sale on account. This means it gets processed a little bit differently. You can start at the beginning of the "Sales" flowchart with the receipt of the purchase order. However, there is a gateway on page 19 of the instructions and flowcharts book that has you skip recording the sales transaction. The cash sale actually gets recorded alongside the receipt of cash as part of the "Cash Reciepts" flowchart. As you process the receipt and deposit of the check you make a journal entry to the Cash Receipts journal. That is your opportunity to record a cash sale (or a receipt of cash that arises at the point of sale). Take a look at the columns of the Cash Receipts journal for some intuition about how to make that journal entry

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