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Auto Geek is a retail store that sells car care products over the Internet. The firm$$s cash receipts for February and the general ledger accounts used to record these transactions are shown below.

GENERAL LEDGER ACCOUNTS

$101$ Cash $ $4,930$ Debit $401$ Sales

$109$ Notes receivable $900$ Debit $491$ Interest income

$111$ Accounts receivable $4,060$ Debit $620$ Cash short or over

$129$ Supplies $580$ Debit

$231$ Sales tax payable $280$ Credit

$301$ Sal Dominguez, Capital $35,000$ Credit

DATE TRANSACTIONS

February $3$ Received $$470$ from Cathy Scott, a credit customer, on account.

February $5$ Received a cash refund of $$117$ for damaged supplies.

February $7$ Had cash sales of $$4,500$ plus sales tax of $$360$ during the first week of February; there was a cash shortage of $$57.$

February $9$ Sal Dominguez, the owner, invested an additional $$16,000$ cash in the business.

February $12$ Received $$350$ from Jamie Garrison, a credit customer, in payment of her account.

February $14$ Had cash sales of $$3,900$ plus sales tax of $$312$ during the second week of February; there was an overage of $$25.$

February $16$ Received $$420$ from Mike Hart, a credit customer, to apply toward his account.

February $19$ Received a check from Ken Pitts to pay his $$900$ promissory note plus interest of $$36.$

February $21$ Had cash sales of $$4,400$ plus sales tax of $$352$ during the third week of February.

February $25$ Albert Cifuentes, a credit customer, sent a check for $$550$ to pay the balance he owes.

February $28$ Had cash sales of $$3,800$ plus sales tax of $$304$ during the fourth week of February; there was a cash shortage of $$33.$

Required:

Open the general ledger accounts and enter the balances as of February $1,20$X$1.$

Record the transactions in a cash receipts journal.

Post the individual entries from the Other Accounts Credit section of the cash receipts journal to the proper general ledger accounts.

Post the column totals from the cash receipts journal to the proper general ledger accounts.

Analyze:

What total accounts receivable were collected in February?

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