The following transactions are July 2014 activities of Craigs Bowling, Inc , which operates several bowling centers (for games and equipment sales) a Craigs collected $15,000 from customers for games played in July b Craigs sold bowling equipment inventory for $8,000 received $3,000 in cash and the rest on account The cost of goods sold (expense) related to these sales is $6,800 c Craigs received $4,000 from customers on account who purchased merchandise in June d The mens and ladies bowling leagues gave Craigs a deposit of $2,500 for the upcoming fall season Prepare the journal entry for the above transactions The following transactions are July 2014 activities of Craig s Bowling, Inc , which operates several bowling centers (for games and equipment sales) a Craig s collected $15,000 from customers for games played in July b Craig s sold bowling equipment inventory for $8,000 received $3,000 in cash and the rest on account The cost of goods sold (expense) related to these sales is $6,800 c Craig s received $4,000 from customers on account who purchased merchandise in June d The men s and ladies bowling leagues gave Craig s a deposit of $2,500 for the upcoming fall season Prepare the journal entry for the above transactions

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The following transactions are July 2014 activities of Craigs Bowling, Inc., which operates several bowling centers (for games and equipment sales). a. Craigs collected $15,000

The following transactions are July 2014 activities of Craigs Bowling, Inc., which operates several bowling centers (for games and equipment sales).

a.	Craigs collected $15,000 from customers for games played in July.
b.	Craigs sold bowling equipment inventory for $8,000; received $3,000 in cash and the rest on account. [The cost of goods sold (expense) related to these sales is $6,800.]
c.	Craigs received $4,000 from customers on account who purchased merchandise in June.
d.	The mens and ladies bowling leagues gave Craigs a deposit of $2,500 for the upcoming fall season.

Prepare the journal entry for the above transactions

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The following transactions are July 2014 activities of Craig?s Bowling, Inc., which operates several bowling centers (for games and equipment sales). a.Craig?s collected $15,000 from customers for games played in July. b. Craig?s sold bowling equipment inventory for $8,000; received $3,000 in cash and the rest on account. [The cost of goods sold (expense) related to these sales is $6,800.] c. Craig?s received $4,000 from customers on account who purchased merchandise in June. d. The men?s and ladies bowling leagues gave Craig?s a deposit of $2,500 for the upcoming fall season. Prepare the journal entry for the above transactions