Chapter 36 Help Save & Exit Check a Bennett's collected $14,000 from customers for games played in July b. Bennett's sold bowing merchandise inventory from its pro shop for $7400; received $4,600 in cash and customers owed the rest on account. [Consider only the effect on revenue here. Do not consider cost of goods sold for this question) c. Bennett's received $2.900 from customers who purchased merchandise in June on account d. The men's and ladies' bowling leagues gave Bennett's a deposit of $3,400 for the upcoming fall season For each of the above transactions, complete the tabulation, indicating the amount of each transaction (Remember that A-L+SER- E - Nt and Ni affects SE through Retained Earnings.) The first transaction is provided as an example (Reductions in account balances and loss amount should be indicated with a minus sign) Balance Sheet - Income Statement - Expenses Asset Stockholders Revenue Net Income 14.000 14.000 Prev 1 of 4 !!! Next >