The following are the transactions during the month of March at Karns Wholesale Supply: March1 D. A. Karns makes an investment of $22,000 in the business. 6 Cash sales of merchandise total $3,500 (cost, $2,100). 9 Received a check for $13,720 from Abbot Sisters in payment of invoice No. 101 for $14,000 less a 2% discount. 11 Cash sales of merchandise total $5,400 (cost, $3,240). Received a check for $14,700 from Babson Co. in payment of invoice No. 102 for $15,000 less a 2% discount. 16 20 Received cash by signing a note for $7,000. 22 Received a check for $8,730 from Carson Bros. in full for invoice No. 103 for $9,000 less a 2% discount. 28 Received a check for $11,760 from Deli Co. in full for invoice No. 104 for $12,000 less a 2% discount. Required 1- Prepare the cash receipts journal? 2- Prepare General Ledger?