Read the requirements. More info Jul. 2 Jul. 3 Jul. 7 Jul. 9 Jul. 10 Jul. 11 Jul. 12 Jul. 14 Jul. 15 Jul. 20 Jul. 21 Jul. 22 Jul. 25 Jul. 25 Jul. 27 Jul. 28 Jul. 29 Jul. 31 Sold merchandise inventory on credit, terms n/30, to Integrety, Inc., $2,100 (cost, $250). Sold office supplies to an employee at cost, $75, receiving cash. Cash sales for the week totaled $1,900 (cost, $1,200). Sold merchandise inventory on account, terms n/30, to A. B. Moore, $7,600 (cost, $5,100). Sold land that cost $12,000 for cash of the same amount. Sold merchandise inventory on account, terms n/30, to Sly Electric, $5,200 (cost, $3,450). Received cash from Integrety in full settlement of its account receivable from July 2. Cash sales for the week were $2,300 (cost, $1,500). Sold merchandise inventory on credit, terms n/30, to the partnership of West & Ban, $3,600 (cost, $2,450). Sold merchandise inventory on account, terms n/30, to Sly Electric, $800 (cost, $360). Cash sales for the week were $930 (cost, $680). Received $4,300 cash from A. B. Moore in partial settlement of his account receivable. Received cash from West & Ban for its account receivable from July 15. Sold merchandise inventory on account, terms n/30, to Ogarth, Co., $1,540 (cost, $1,040). Collected $5,700 on a note receivable. There was no interest earned. Cash sales for the week totaled $3,730 (cost, $2,420). Sold merchandise inventory on account, terms n/30, to R. O. Bankston, $230 (cost, $120). Received $3,000 cash on account from A. B. Moore. Print Done X () pice No. column) and a cash receipts journal (omit the Sales Discounts Forfeited column). Total each column of the sales journal and the cash receipts journal. Show that total debits equal total credits. nale - X Data table X Requirements Number 18 19 41 51 Account Equipment Land Account Cash Accounts Receivable Notes Receivable Merchandise Inventory Office Supplies 1. Use the appropriate journal to record the preceding transactions in a sales journal (omit the Invoice No. column) and a cash receipts journal (omit the Sales Discounts Forfeited column). Sales Revenue Cost of Goods Sold 2. Total each column of the sales journal and the cash receipts journal. Show that total debits equal total credits. 3. Show how postings would be made by entering the account numbers and check marks in the appropriate places in the journals. (Assume all postings are made to the applicable ledgers.) Print Print Done Time Remaining: 02:09:13 Number 11 12 13 15 16 Done Requirement 1, 2, and 3. Use the appropriate journal to record the preceding transactions in a sales journal (omit the Invoice No. column) and a cash receipts journal (omit the Sales Discounts Forfeited column). Total each column of the sales journal and the cash receipts journal. Show that total debits equal total credits. Show how postings would be made by entering the account numbers and check marks in the appropriate places in the journals. Begin with the sales journal. Enter the transactions and total the journal. (Assume all postings are made to the applicable ledgers. If a box is not used in the journal leave the box empty; do not select information and do not enter a zero.) Sales Journal Page 1 Invoice No. Customer Account Debited Post. Accounts Receivable DR Ref. Sales Revenue CR Cost of Goods Sold DR Merchandise Inventory CR Date Jul. Jul. 31 Totals Show how total debits equal total credits. Total debits = Sales journal = Total credits Record the appropriate transactions in the cash receipts journal. (If a box is not used in the journal leave the box empty; do not select information and do not enter a zero. Select "X" if the column total is not posted. Abbreviations used: Rec. = Receivables, Rev. = Revenue, Accts = Accounts, Inv. = Inventory) Cash Receipts Journal Post. Date Account Credited Ref. Cash DR Accounts Sales Rec. CR Rev. CR Other Accts CR Page 1 Cost of Goods Sold DR Merchandise Inv. CR Jul. Jul. 31 Totals Show how total debits equal total credits. Cash receipts journal Total debits = Total credits