Moeder Co. uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements journal, and a general journal. The following transactions occur in the month of November.
Nov. 3 The company purchased $3,100 of merchandise on credit from Hargrave Co., terms n/20.
7 The company sold merchandise costing $840 on credit to J. York for $900, subject to an $18 sales discount if paid by the end of the month.
9 The company borrowed $2,750 cash by signing a note payable to the bank.
13 J. Emling, the owner, contributed $4,000 cash to the company.
18 The company sold merchandise costing $130 to B. Box for $230 cash.
22 The company paid Hargrave Co. $3,100 cash for the merchandise purchased on November 3.
27 The company received $882 cash from J. York in payment of the November 7 purchase.
30 The company paid salaries of $1,600 in cash.

Prepare headings for a cash receipts journal like the one in Exhibit 7.7. Journalize the November transactions that should be recorded in the cash receipts journal.