box empty; do not select any information and do not enter a zero. Abbreviations used: Disc. $=$ Discounts, Forfeit. $=$ Forfeited; Rec. $=$ Receivables, Rev. $=$ Revenue, Accts $=$ Accounts, Inv. $=$ Inventory$)$

$($i$)($Click the icon to view the transactions.$)$

$\backslash$table$[[$Page $3]]$

Jul. $5$ Sold merchandise inventory for cash, $$2,600.$ Cost of goods, $$2,100.$

Jul. $12$ Collected interest revenue of $$2,200.$

Jul. $18$ Received cash from Hadden Nape, $$800,$ on account. There was no discount.

Jul. $29$ Received $$5,400$ from Megan Doll in full settlement of his account receivable including sales discounts forfeited of $$25.$

Jul. $5$ Sold merchandise inventory for cash, $$2,600.$ Cost of goods, $$2,100.$

Jul. $12$ Collected interest revenue of $$2,200.$

Jul. $18$ Received cash from Hadden Nape, $$800,$ on account. There was no discount.

Jul. $29$ Received $$5,400$ from Megan Doll in full settlement of his account receivable including sales discounts forfeited of $$25.$

Use the following cash receipts journal to record the transactions. $($If a box is nol used in the journal leave the box empty; do not select any information and do not enter a zero. Abbreviations used. Disc $=$ Discounts, Forfeit. $=$ Forfeited; Rec. $=$ Receivables, Rev. $=$ Revenue, Accts $=$ Accounts, Inv $=$ Inventory$)$

$($i$)($Click the icon to view the transactions.$)$

$\backslash$table$[[$Date$,$Account Credited,$\backslash$table$[[$Post$.],[$Ref$.]],$Cash Receipts Journal,$\backslash$table$[[$Sales Disc.$],[$Forfeit$.$ CR$]],\backslash$table$[[$Other$],[$Accts CR$]],$Page $3],[$Cash DR$,\backslash$table$[[$Accounts$],[$Rec$.$ CR$]],\backslash$table$[[$Sales$],[$Rev$.$ CR$]],\backslash$table$[[$Cost of$],[$Goods Sold$],[$DR$],[$Merchandise$],[$Inv$.$ CR$]]],[$Account Credited Rer. Casmun Rec.$],[$Jul$.$