Use the following cash receipts journal to record the transactions. (If a box is not used in the journal leave the box empty; do not select any information and do not enter a zero. Abbreviatio Disc. = Discounts, Forfeit. = Forfeited; Rec. = Receivables, Rev. = Revenue, Accts = Accounts, Inv. = Inventory) (Click the icon to view the transactions.) Date 2024 Jul. Post. Account Credited Ref. More info Jul. 5 Jul. 12 Jul. 18 Jul. 29 Cash DR Cash Receipts Journal Accounts Sales Rec. CR Rev. CR Sales Disc. Forfeit. CR Other Accts CR Sold merchandise inventory for cash, $2,200. Cost of goods, $2,100. Conected interest revenue of $2,450. Page 3 Cost of Goods Sold DR Merchandise Inv. CR Received cash from Hal Negev, $1,150, on account. There was no discount. Received $5,600 from Megan Doll in full settlement of his account receivable including sales discounts forfeited of $35.

(1) (Click the icon to viow the transactions. More info Jul. 5 Soh merchandise inventery for eash, $2.200 Cost of ooods, $2,100 Jul, 12. Cobcied interent reverue of $2,450 Escounts forleted of $35