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Davidson, Inc. incurred the following transactions during the month of January. a. On January 3,...

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Davidson, Inc. incurred the following transactions during the month of January. a. On January 3, a one-year insurance policy was purchased for $2,400. The account number for Prepaid Insurance is 16. b. On January 5, Davidson, Inc. received a payment on account from Pasher Industries of $625. c. On January 12, Davidson, Inc. made sales on account of $3,500 and sales for cash of $2,300. The account number for Fees Earned is 41. d. On January 26, Davidson, Inc. received $1,250 in rent revenue from a tenant who leases a portion of its building. The account number for Rent Revenue is 44 e. On January 29, Davidson, Inc. received a payment on account from Gooden, Inc. for $2,000. Record the appropriate ones in the Cash receipts journal. Ignore posting references. If an amount box does not require an entry, leave it blank Vendor Cash Receipts Journal Vendor No. Page 14 DATE ACCOUNT CREDITEDPASFT OTHER ACCOUNTS CR. ACCOUNTS RECEIVABLE CR. CASH DR REF. lan

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