Week 7 - Homework: Chapter 7 Question 1 of 5 > -/5.6 E Pharoah Company's chart of accounts includes the following selected accounts. 101 Cash 401 Sales Revenue 112 Accounts Receivable 414 Sales Discounts 120 Inventory 505 Cost of Goods Sold 301 Owner's Capital On April the accounts receivable ledger of Pharoah Company showed the following balances Morrow $1.520. Rose $1.250, Jennings Co. $2.910. and Dent $2,000. The April transactions involving the receipt of cash were as follows The owner, T. Pharoah, Invested additional cash in the business $150 Apr 1 4 Received check for payment of account from Dantes a cash discount S Received check for $965 in payment of invoice no gorom Jennings Co. Mide cash sales of merchandise total 57.225. The cost of the merchandise sold wa S4305.00 Week 7 - Homework: Chapter 7 Question 1 of 5 ./5.6 Journalize the transactions above in a six-column cash receipts journal and cross-foot the journal (Record entries in the order displayed in the problem statement. Round answers to decimal places, eg 5.275) Cash Receipts Journal Date Account Credited Accounts Recer Cr. Ref. Cash Dr. Sales Discounts Dr. N301 Dent Rose mory C's Capital Jennings Momo V Question 1 of 5 layed in the problem statement. Round answers to decimal places, es5,275.) ish Receipts Journal CR1 Accounts Receivable Cr. Cost of Goods Sold Dr. Inventory Cr. Sales Revenue Cr. Other Accounts Cr. Type here to search O O Week 7 - Homework: Chapter 7 Question 1 of 5 ./5.6 > 120 (101) (414) (112) Week 7 - Homework: Chapter 7 Question 1 of 5 ./5.6 (112) (401) (X) (505)(120) Week 7 Homework: Chapter 7 Question 1 of 5 /5.6 Insert the beginning balances in the Accounts Receivable control and subsidiary accounts, and post the April transactions to these accounts. (Post entries in the order of entries presented in the previous part) General Ledger Accounts Receivable No. 112 Date Explanation Ref. Debit Credit Balance Balance CR1 Accounts Receivable Subsidiary Ledger MOITOW Date Explanation Ref. Debit Credit Balance Balance CRI Week 7. Homework: Chapter 7 Question 1 of 5 > -/5.6 mate Explanation her TEDIE CETTE Balance Balance CR1 Rose Date Explanation Ref. Debit Credit Balance Balance CR1 Jennings Co. Date Explanation Rel. Debit Credit Balance Balance V CRI + Week 7 - Homework: Chapter 7 Question 1 of 5 -/5.6 CR1 CR1 Dent Date Explanation Ref. Debit Credit Balance Balance CR1 e Textbook and Media Santoren Attempts: 0 of 3 used Sotimit Answer (c) 6 Week 7 - Homework: Chapter 7 Question 1 of 5 -/5.6 (c) . Prove the agreement of the control account and subsidiary account balances. (Do not list those accounts that have zero ending balance.) Accounts receivable balance $ Subsidiary account balances: S Total $ Taythank and Media question/ 6 Week 7 - Homework: Chapter 7 Question 1 of 5 -/5.6 Accounts receivable balances $ Subsidiary account balances: $ Dent Morrow Jennings Co Rose $ e Textbook and Media Sovet Attempts:0 of 3 used Submit Anwar