Selected accounts from the chart of accounts ofCraneCo. are shown below.

101		Cash		306		Owner's Drawings
112		Accounts Receivable		401		Sales Revenue
120		Inventory		414		Sales Discounts
126		Supplies		505		Cost of Goods Sold
131		Prepaid Rent		631		Supplies Expense
201		Accounts Payable		729		Rent Expense
301		Owner's Capital

Presented below are the purchases and cash payments journals forCraneCo. for its first month of operations.

PURCHASES JOURNAL
			P1
Date	Account Credited	Ref.	Inventory Dr. Accounts Payable Cr.
July 4	N. Alvarado		7,270
5	F. Rees		8,000
11	J. Gallup		5,680
13	C. Werly		15,100
20	M. Mangus		7,850
			43,900

CASH PAYMENTS JOURNAL
						CP1
Date	Account Debited	Ref.	Other Accounts Dr.	Accounts Payable Dr.	Inventory Cr.	Cash Cr.
July 4	Supplies		630			630
10	F. Rees			8,000	80	7,920
11	Prepaid Rent		6,060			6,060
15	N. Alvarado			7,270		7,270
19	Owner's Drawings		2,130			2,130
21	C. Werly			15,100	151	14,949
			8,820	30,370	231	38,959

In addition, the following transactions have not been journalized for July. The cost of all merchandise sold was 65% of the sales price.

July 1		The founder, N.Crane, invests $71,200in cash.
6		Sell merchandise on account to Dow Co. $5,700terms 1/10, n/30.
7		Make cash sales totaling $7,600.
8		Sell merchandise on account to S. Goebel $5,500, terms 1/10, n/30.
10		Sell merchandise on account to W. Leiss $5,900, terms 1/10, n/30.
13		Receive payment in full from S. Goebel.
16		Receive payment in full from W. Leiss.
20		Receive payment in full from Dow Co.
21		Sell merchandise on account to H. Kenney $5,000, terms 1/10, n/30.
29		Returned damaged goods to N. Alvarado and received cash refund of $340.

Journalize the transactions that have not been journalized and the cash receipts journal. (Record entries in the order displayed in the problem statement.)

This is my work below:

Sales Journal
Date	Account Debited	Ref	Accounts Receivable Dr. Sales Revenue Cr.	Cost of Goods Sold Dr. Inventory Cr.
July 6	Dow Co		5700	3705
July 8	S. Goebel		5500	3575
July 10	W. Leiss		5900	3835
July 21	H. Kenney		5000	3250
For the "Account Debited" column: My choices from the pull down field were: Dow Co, S. Goebel, W. Leiss, H. Kenney, Owner's Capital, Inventory, NA -----Can you confirm if I have ented the correct "Account Debited" names?	22100	14365
(112)(401)	(505)(120)

Cash Receipts Journal
Date	Account Credited	Ref.	Cash Dr.	Sales Discounts Dr.	Accounts Receivable Cr.	Sales Revenue Cr.	Other Accounts Cr.	Cost of Goods Sold Dr. Inventory Cr.
July 1	Owner's Capital	301	71200				71200
July 7	Dow Co.		7600			7600		4940
July 13	S. Goebel		5445	55
July 16	W. Leiss		5841	59
July 20	H.Kenney		5700		5700
July 29	Inventory		340				340
For the "Account Credited" column: My choices from the pull down field were: Dow Co, S. Goebel, W. Leiss, H. Kenney, Owner's Capital, Inventory -----Can you confirm if I have entered the correct "Account Debited" names?	96126	114	17100	7600	71540	4940