Your answer is partially correct. Try again. Insert the beginning balances in the Accounts Receivable control and subsidiary accounts, and post the April transactions to these accounts presented in the previous part.) General Ledger Accounts Receivable No. 112 Date Explanation Ref. Debit Credit Balance Apr. 1 Balance 8150 Apr. 4 CR1 24503 5700 Accounts Receivable Subsidiary Ledger Morrow Date Explanation Ref. Debit Credit Balance Apr. Balance 1560 Cash Receipts Journal CR1 Date Account Credited Ref. Cash Dr. Sales Discounts Dr. Accounts Receivable Cr. Sales Revenue Cr. Cost of Goods Sold Dr. Inventory Cr. Other Accounts Cr. Apr. 1 Owner's Capital 301 7260 7260 Apr. 4 Dent V 2450 50 2500 Apr. 5 v Jennings Co. 960 960 Apr. 8 7230 7230 4338 Apr. 107 Morrow 555 555 Apr. 11 Inventory 120 710 710 Apr 23 Jennings Co. V 1100 1100 Apr 29 Rose 1200 1200 21465 50 6815 7230 7970 4338 (101) (414) (112) (401) (505)(120) CALCULATOR PRINTER VERSION 1 BA Problem 7-01A a-c (Part Level Submission) (Video) Sandhill Company's chart of accounts includes the following selected accounts. 101 Cash 401 Sales Revenue 112 Accounts Receivable 414 Sales Discounts 120 Inventory 505 Cost of Goods Sold 301 Owner's Capital On April 1, the accounts receivable ledger of Sandhill Company showed the following balances: Morrow $1,560, Rose $1,200, Jennings Co. $2,890, and Dent $2,500. The April transactions involving the receipt of cash were as follows. Apr. 1 4 5 8. The owner, T. Sandhill, invested additional cash in the business $7,260. Received check for payment of account from Dent less 2% cash discount. Received check for $960 in payment of invoice no. 307 from Jennings Co. Made cash sales of merchandise totaling $7,230. The cost of the merchandise sold was $4,338.00. Received check for $555 in payment of invoice no. 309 from Morrow. Received cash refund from a supplier for damaged merchandise $710. Received check for $1,100 in payment of invoice no. 310 from Jennings Co. Received check for payment of account from Rose (no cash discount allowed). 10 11 23 29 Date Explanation Ref. Debit Credit Balance Apr. 1 v Balance 1560 Apr. 10 v CR1 555 1005 Rose Date Explanation Ref. Debit Credit Balance Apr. 1 Balance 1200 Apr. 29 CR1 1200 Jennings Co. Date Explanation Ref. Debit Credit Balance Apr. 1 Balance v 2890 Apr. 5 CR1 960 1930 Apr. 23 v CR1 1100 830 Dent Date Explanation Ref. Debit Credit Balance Balance 2500 CR1 2500 arch