Sunland Company's chart of accounts includes the following selected accounts. 101 Cash 401 Sales Revenue 112 Accounts Receivable 414 Sales Discounts 120 Inventory 505 Cost of Goods Sold 301 Owner's Capital On April 1, the accounts receivable ledger of Sunland Company showed the following balances: Morrow $1,520, Rose $1,240, Jennings Co. $2,910, and Dent $2,200. The April transactions involving the receipt of cash were as follows. Apr. The owner, T. Sunland, invested additional cash in the business $7,140. 1 4 Received check for payment of account from Dent less 2% cash discount. 5 Received payment in full for $875 from Jennings Co for invoice no. 307. 8 Made cash sales of merchandise totaling $7,220. The cost of the merchandise sold was $4,332. 10 Received payment in full for $555 from Morrow for invoice no. 309. 11 Received cash refund from a supplier for damaged merchandise $725. 23 Received payment in full for $1,120 from Jennings Co. for invoice no. 310. 29 Received check for payment of account from Rose (no cash discount allowed).Journalize the transactions above in a six-column cash receipts journal and cross-foot the journal. (Record entries in the order displayed in the problem statement. Round answers to O decimal places, e.g. 5,275.) Cash Receipts Journal Accounts Recei Date Account Credited Ref. Cash Dr. Sales Discounts Dr. Cr. Apr. 1 v Owner's Capital v 301 7140 Apr. 4 Dent Apr. 5 Jennings Co. 875 Apr. 8 Dent 7220 Apr. 10 Morrow 725 Apr. 11 Inventory 120 725 Apr. 23 v Jennings Co. W Apr. 29 Rose V (101) (414) (112)Journalize the transactions above in a six-column cash receipts journal and cross-foot the journal. (Record entries in the order displayed in the problem statement. Round answers to O decimal places, e.g. 5,275.) ash Receipts Journal CR1 Accounts Receivable Cost of Goods Sold Dr. Cr. Sales Revenue Cr. Other Accounts Cr. Inventory Cr. 2156 56 555 1120 1240 (112) (401) (X) (505) (120)Insert the beginning balances in the Accounts Receivable control and subsidiary accounts, and post the April transactions to these accounts. (Post entries in the order of entries presented in the previous part) General Ledger Accounts Receivable Date Explanation Ref. Debit Credit Balance Apr. 1 Balance Apr. 30 CR1 Accounts Receivable Subsidiary Ledger Morrow Date Explanation Ref. Debit Credit Balance Agr. 1 Belance Agr. 10 CR1 Rose Date Explanation Ref. Debit Credit Balance Agr. 1 Balance Apr. 25 CR1 Jennings Co. Date Explanation Ref. Debit Credit Balance Apr. 1 Balance Aor. 5 CR1 Apr. 23 CR1 Dent Date Explanation Ref. Debit Credit Balance Arr. 1 Balance Agr. 4 CR1(c) Your answer is partially correct. Prove the agreement of the control account and subsidiary account balances. (Do not list those accounts that have zero ending balance./ Accounts receivable balance: Subsidiary account balances: Morrow Jennings Co. V Total eTextbook and Media Save For Later Attempts: 2 of 5 used Submit Ariver