Record the following transactions for the month of April, 2016 in the cash receipts journal....
60.1K
Verified Solution
Question
Accounting
Record the following transactions for the month of April, 2016 in the cash receipts journal. Total, prove, and rule the cash receipts journal as of April 30. April 3 Collected $510 from Margo Daub, a credit customer on account. 8 Kevin Sharp, the owner, invested an additional $6, 600 cash in the business. 9 Received a cash refund of $110 for damaged supplies. 15 Had cash sales of $7, 100 plus sales tax of $545. There was a cash overage of $21. 18 Received $1, 600 from Brian Cobb, a credit customer, in payment of his account. 20 Received a check from Phil Stout to pay his $1, 500 promissory note plus interest of $58. 30 Had cash sales of $5, 400 plus sales tax of $426. There was a cash shortage of $21

Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.