Your grade has been recorded in the Gradebook. Wed, Apr 1, 2020,7:50:15 PM (America/New York-04:00) 5 Support Question 4 View Policies Current Attempt in Progress R. Crane Co. uses special journals and a general journal. The following transactions occurred during May 2020. May R. Crane invested $49,500 cash in the business. 2 Sold merchandise to Lawrie Co. for $6,590 cash. The cost of the merchandise sold was $4,740. N Purchased merchandise for $7.330 from J. Moskos using check no. 101. w Paid salary to H. Rivera $800 by issuing check no. 102. w Sold merchandise on account to K. Stanton for $980. terms n/30. The cost of the merchandise sold was $650. 22 A check of $8.520 is received from M. Mangini in full for invoice 101: no discount given. 14 16 Sold merchandise to Lawrie Co for $6,590 cash The cost of the merchandise sold was $4.740. Purchased merchandise for $7.330 from I Moskos using check no. 101 Paid salary to H Rivera 5800 by issuing check no. 102. Sold merchandise on account to K Stanton for $980. terms 1/30. The cost of the merchandise sold was $650. Acheck of $8.520 is received from M. Mangini in full for invoice 101: no discount given. Prepare a multiple-column cash receipts journal and record the transactions for May that should be journalized. (Record entries in the order presented in the problem statement) R. CRANE CO. Cash Receipts Journal Cash Sales Discounts Accounts Receivable Cr. Sales Revenue Account Credited Other Accounts Cr. Cast of Goods Sold Dr. Inventory C. Date Ref. Dr e Tectbook and Media e Textbook and Media Prepare a multiple column cash payments journal and record the transactions for May that should be journalized. (Record entries in the order presented in the problem statement R. CRANECO. Cash Payments Journal CP1 Ck. Na Account Debited Ref. Other Accounts Dr. Accounts Payable Dr. Inventory Cr. Cash Cr. Date 2020 e Textbook and Media Save for Late Attempts:0 of 3 used Submit Answ