Business, 28.06.2021 18:30 ssummey2004

Use the following cash receipts journal to record the transactions. Jul. 5 Sold merchandise inventory for cash, $2,700. Cost of goods, $2,300.
Jul. 12 Collected interest revenue of $2,150.
Jul. 18 Received cash from, $1,150, on account. There was no discount.
Jul. 29 Received $5,200 from in full settlement of his account receivable including sales discounts forfeited of $30.

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Use the following cash receipts journal to record the transactions. Jul. 5 Sold merchandise invento...

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