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Use the following cash receipts the transactions (not the journal leave the box empty do not select any information and do not enter a zero
Use the following cash receipts the transactions (not the journal leave the box empty do not select any information and do not enter a zero
Use the following cash receipts journal to record the transactions. (If a box is not used in the journal have the box omply, do not select any information and do not enter a zeto Abbreviations ned Disc Discounts, Fortoit - Fortested, Roc Receivables, Rev Revenue Acces Accounts, in inventory) Click icon to view the transactions Post Ref. Cash Receipts Journal Accounts Sales Sales Disc Cash DR Rec. CR Rev. CR Fortelt. CR Page Cost of Goods Sold DR Merchandise Inv. CR Account Credited Other Acets CR Date 2024 Jul More info Jul 5 Sold merchandise inventory for cash $2,300 Cost of goods, 81,500 Jul 12 Collected interest rovenue of $2.500. Jul 18 Received cash from Honey Nord, $1,050, on account. There was no discount Jul 29 Received 55,000 from Max Dis in full settloment of this account receivable including sales discounts forfeited of $70 Clear all Check Step by Step Solution
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