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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 1 & 2. 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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