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Requirements 1 & 2. Prepare headings for a cash receipts journal. Journalize the transactions that...

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Requirements 1 & 2. Prepare headings for a cash receipts journal. Journalize the transactions that should be recorded in the cash receipts journal. Total each column of the cash receipts journal. (If a box is not used in the journal leave the box empty, do not select information and do not enter a zero. Abbreviations used. Disc. = Discount. Acct = Accounts. Pay= Payable Rec. = Receivable, Rev Revenue Oth. = Other COGS = Cost of Goods Sold Mer. = Merchandise in.: Im en ory, and S s Dsc Fot.: Sales Discounts o eited Cash Receipts COGS DR Mer Date Account Credited PR Cash DR Acct. Rec. CR Sales Rev. CR Sls Dsc. Forf. CR Oth. Acct. CR Inv. CR Feb. Feb. 28 Totals

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