Requirement$1,2,$ and $3.$ Use the appropriate journal to record the preceding transactions in a sales journal$($omit the Invoice No$.$ column$)$ and a cash receipts journal$($omit the Sales Discounts Forfeited$$ column$).$ Total each column of the sales journal and the cash receipts journal. Show that total debits equal total credits. Show how postings would be made by entering the account numbers and check marks in the appropriate places in the journals.

Begin with the sales journal. Enter the transactions and total the journal. $($Assume all postings are made to the applicable ledgers. If a box is not used in the journal leave the box$$ empty; do not select information and do not enter a$$ zero.$)$ Jul. $2$

Sold merchandise inventory on credit, terms n$/30,$ to Integrate, Inc., $$1,700($cost$,$ $$600).$

Jul. $3$

Sold office supplies to an employee at cost$,$ $$75,$ receiving cash.

Jul. $7$

Cash sales for the week totaled $$1,800($cost$,$ $$1,600).$

Jul. $9$

Sold merchandise inventory on account, terms n$/30,$ to A$.$ N$.$ McNeill, $$7,300($cost$,$ $$5,300).$

Jul. $10$

Sold land that cost $$11,000$ for cash of the same amount.

Jul. $11$

Sold merchandise inventory on account, terms n$/30,$ to Sloan Electric, $$5,500($cost$,$ $$3,550).$

Jul. $12$

Received cash from Integrate in full settlement of its account receivable from July $2.$

Jul. $14$

Cash sales for the week were $$2,300($cost$,$ $$1,650).$

Jul. $15$

Sold merchandise inventory on credit, terms n$/30,$ to the partnership of Will & Bill, $$3,700($cost$,$ $$2,350).$

Jul. $20$

Sold merchandise inventory on account, terms n$/30,$ to Sloan Electric, $$600($cost$,$ $$220).$

Jul. $21$

Cash sales for the week were $$930($cost$,$ $$690).$

Jul. $22$

Received $$4,400$ cash from A$.$ N$.$ McNeill in partial settlement of his account receivable.

Jul. $25$

Received cash from Will & Bill for its account receivable from July $15.$

Jul. $25$

Sold merchandise inventory on account, terms n$/30,$ to Oggie Co$.,$ $$1,520($cost$,$ $$970).$

Jul. $27$

Collected $$5,300$ on a note receivable. There was no interest earned.

Jul. $28$

Cash sales for the week totaled $$3,720($cost$,$ $$2,440).$

Jul. $29$

Sold merchandise inventory on account, terms n$/30,$ to R$.$ L$.$ Bennett, $$250($cost$,$ $$110).$

Jul. $31$

Received $$2,400$ cash on account from A$.$ N$.$ McNeill.