Reference no: EM132695669
Problem - Transactions related to revenue and cash receipts completed by Sycamore Inc. during the month of March 20Y8 are as follows:
Mar. 2. Issued Invoice No. 512 to Santorini Co., $905.
Mar. 4. Received cash from CMI Inc., on account, for $205.
Mar. 8. Issued Invoice No. 513 to Gabriel Co., $220.
Mar. 12. Issued Invoice No. 514 to Yarnell Inc., $845.
Mar. 19. Received cash from Yarnell Inc., on account, $555.
Mar. 20. Issued Invoice No. 515 to Electronic Central Inc., $195.
Mar. 28. Received cash from Marshall Inc. for services provided, $160.
Mar. 29. Received cash from Santorini Co. for Invoice No. 512 of March 2.
Mar. 31. Received cash from McCleary Co. for services provided, $85.
Required - Prepare a single-column revenue journal and a cash receipts journal to record these transactions.