Complete the following problems on an excel spreadsheet. Number your problems on a different tab. PA3.) The following transactions occurred for Donaldson Inc. during the month of July. Record the transactions for Donaldson Inc, in the proper special journal and subsidiary ledger. Jul. 1 Sold 50 items to Palm Springs Inc. and offered terms of 2/10, n/30, $4,000 on July 1, and issued invoice #12 on account number #312 Jul. 5 Sold 20 thing-a-jigs to Miami Inc. for $2,150 cash on July 5, and issued invoice #13 Jul. 8 Sold 30 what-is to Smith Mfg. for $5,000 and offered terms of 2/10, n/30; issued invoice #14 on account number #178 Jul. 9 Received payment from Palm Springs Inc. Jul. 22 Received payment from Smith Mfg. after expiration of the discount period PA4.) Use the journals and ledgers that follow. Total the journals. Post the transactions to the subsidiary ledger and (using T-accounts) to the general ledger accounts. Then prepare a schedule of accounts receivable 30 SALES JOURNAL DR Accts. Recelvable CR Sales Page 79 DR COGS CR Merchandise Inventory Ref. Invoice No. Date Account 2019 Feb 4 Feb. 8 Feb. 14 Feb. 16 Evert Company (E123) King Inc. (K331) Martina Inc. (M132) Shriver Company (101) 17433 17434 17435 17436 1.000.00 775.30 2,301.99 500.00 SALES JOURNAL Page 102 Accounts Sales Receivable, Discounts Sales, or Other DR Accounts CR Account Date Invoice No. Ref. Cash DR 465 2019 Feb. 1 Cash Sales Feb. 5 Payment from Evert Feb. 15 Bank loan (230) Feb. 21 Payment from Shriver Co. 1723 20 465 980 2,000 500 1,000 2,000 500 1719