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Requirements 1 & 2 . Prepare headings for a cash receipts journal. Journalize the transactions that should be recorded in the cash receipts journal. Total
Requirements & Prepare headings for a cash receipts journal. Journalize the transactions that should be recorded in the cash receipts journal. Total each column of 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. Abbreviations used: Disc. Discount, Acct. Accounts, Pay. Payable, Rec. Receivable, Rev. Revenue, Oth. Other, COGS Cost of Goods Sold, Mer. Merchandise, Inv. Inventory, and SIs Dsc Forf. Sales Discounts Forfeited.
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