Jul. 5 Sold merchandise inventory for cash, $2,200. Cost of goods, $2,100.
12 Collected interest revenue of $2,350.
18 Received cash from Henry Nord, $1,100, on account. There was no discount.
29 Received $5,400 from Morgan Dexter in full settlement of his account receivable. Dexter earned a $75 discount by paying early.
Use the following cash receipts journal to record the preceding transactions.

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Page 3 Cash Receipts Journal Accounts Sales Other Cost of Goods Sold DR Sales Account Post. Date Credited Ref. Cash DR Discounts DR Receivable CR Revenue CR Accounts CR Merchandise Inventory CR 2016