Question
Tuesday 1st - Sold merchandise costing $100 to M. Brogdon for $120 cash, Invoice No. 1301. Friday 4th - Purchased merchandise for $800 on credit
Tuesday 1st - Sold merchandise costing $100 to
M. Brogdon for $120 cash, Invoice No. 1301.
Friday 4th - Purchased merchandise for $800 on credit from Hardaway Co., terms n/30.
Saturday 5th - Purchased merchandise for $1,300 on credit from CBJ Co., terms n/60
Sunday 6th - Sold merchandise costing $260 to
G. Anteto for $400, terms 2/10, n/60, Invoice No.
1302.
Tuesday 8th - Purchased $65 of supplies from Parker Co. on credit, terms n/60.
Wednesday 9th - Borrowed $3,000 cash by signing a note payable to Synchrony bank.
Friday 11th - Sold merchandise costing $70 to B.
Lopez for $105 terms n/60, Invoice No. 1303.
Tuesday 15th - Received $392 cash from G.
Anteto to pay for the purchase of May 6.
Thursday 17th - Issued Check No. 651 for $500 to pay off a note payable to Ally Bank.
Thursday 24th - Sold merchandise costing $135
to E. Bledsoe for $210, terms n/60, Invoice No.
1304.
Monday 28th - Issued Check No. 652 to Hardaway to pay the amount due for the May 4
purchase.
Tuesday 29th - Paid salary of $900 to M. Bud by issuing Check No. 653.
Prepare a cash receipts joumal for Cream Cry. Jouralize the May
Ch 7: HW Saved Help Save \& Exit Submit 2 Part 1 of 2 \begin{tabular}{c} 4.16 \\ points \\ Ask \\ Print \\ References \\ eBook \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} & 1 & 2 & 3 & 4 & 5 \\ \hline 6 & 7 & 8 & 9 & 10 & 11 & 12 \\ \hline 13 & 14 & 15 & 16 & 17 & 18 & 19 \\ \hline 20 & 21 & 22 & 23 & 24 & 25 & 26 \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} Check my work Tableau DA 7-2 (Static): Exercise, Preparing a cash receipts journal Prepare a cash receipts journal for Cream City. Journalize the May transactions that should be recorded in the cash receipts journalStep by Step Solution
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