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General Cash Receipts Analyze Ledgers Post the opening balances and transactions into the appropriate ledger accounts. Cash Recelpts > Car Geek is a retail store that sells car care products over the internet. The firm's cash receipts for February and the general leds accounts used to record these transactions are shown below. DATE TRANSACTIONS Feb. 3 Received $580 from kelly stott, a credit customer, on account. 5 Received a cash refund of $128 for damagod supplies. 7 Mad cash sales of $5,600 plus sales tax of $448 during the first week of February; there was a cash shortage of $63. 9 Ken Sato, the omer, invested an additional $14,060 cash in the business. 12 teceived $460 fron Jamie Garrison, a credit customer, in payment of her account. 14 Had cash sales of $4,450 plus sales tax of $336 during the second week of Pebruacy; there was an overage of $36. 16 recoived 5510 from Hichael Hunt, a credit customer, to apply toward her account. 19 Received a check from Kay pitts to pay her $700 promissory note plus interest of 528. 21 Had cash saies of 34,950 plus sales tax of $396 during the third week of rebruary. 28 Had cash sales of $4,900 plus sales tax of $392 during the fourth week of February; there was a cash shortage of \$44. Required: 1. Open the general ledger accounts and enter the balances as of February 1, 20X1. 2. Record the transactions in a cash receipts journal. 3. Post the individual entries from the Other Accounts Credit section of the cash receipts journal to the proper general ledger accounts. 4. Post the column totals from the cash receipts journal to the proper general ledger accounts: Analyze: What total accounts receivable were collected in February? lecord the transactions in a cash receipts journal. (Negative amounts should be indicated with a minus sign.) What total sccounts receivable were collected in February

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