Transactions related to revenue and cash receipts completed by Starcom Inc. during the month of March 2006 are as follows:
Mar. 2. Issued Invoice No. 512 to Conrad Co., $790.
4. Received cash from CMI, Inc., on account, for $240.
8. Issued Invoice No. 513 to Orlando Co., $310.
Mar. 12. Issued Invoice No. 514 to Drake Inc., $580.
19. Received cash from Drake Inc., on account, $530.
22. Issued Invoice No. 515 to Electronic Central, Inc., $250.
27. Received cash from Higgins, Inc. for services provided, $70.
29. Received cash from Conrad Co. for invoice of March 2.
31. Received cash from McCleary Co. for services provided, $40.
Prepare a single-column revenue journal and a cash receipts journal to record these transactions. Use the following column headings for the cash receipts journal: Fees Earned, Accounts Receivable, and Cash. Place a check mark (() in the Post. Ref. Column, as appropriate.