Please refer to problem P6-3A. The sales data listed there form the basis for much of this problem. The following cash was received by CIT during August, 2022:

Required
a. Enter the above transactions in the cash receipts journal.
b. Record all transactions to the customers’ accounts in the AR subsidiary ledger.
c. Ensure that the cash receipts journal is completed.
d. Post all transactions to the relevant GL accounts at month-end. See account numbers below.
e. Prepare a schedule of accounts receivable as of Aug. 31, and ensure that the total agrees with GL account number 1300. The company uses these additional GL account numbers:

Cash                                         1100
Owner’s Equity, W. Chan       3000

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2022 Aug. 3 W. Chan contributed $50,000 and deposited this in the CIT bank account. 11 JIW Enterprises paid invoice No. 2001, less the credit memo, taking discount. 14 Advanced Technologies in Motion paid invoice No. 2003, taking discount. 18 Case-5 Electronics paid invoice No. 2002, taking their special discount. Manfred Communications dropped off a cheque in full payment of invoice No. 2004, less the credit memo, and taking the discount. Although a day late, the discount was approved by W. Chan. 23 JIW Enterprises paid invoice No. 2005, taking discount. Advanced Technologies in Motion paid invoice No. 2006, taking discount. 31 WMJ Sales paid half of invoice No. 2007, taking the special cash discount on the amount paid.