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Prepare a single-column revenue journal

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Reference no: EM132770865

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. Use the following column headings for the cash receipts journal: Fees Earned Cr., Accounts Receivable Cr., and Cash Dr.

Reference no: EM132770865

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