Reference no: EM132494235
Question - Record the following transactions for the month of April, 2019 in the cash receipts journal. Total, prove, and rule the cash receipts journal as of April 30.
April 3 Collected $530 from Margo Daub, a credit customer on account.
April 8 Kevin Sharp, the owner, invested an additional $6,800 cash in the business.
April 9 Received a cash refund of $120 for damaged supplies.
April 15 Had cash sales of $7,300 plus sales tax of $565. There was a cash overage of $23.
April 18 Received $1,700 from Brian Cobb, a credit customer, in payment of his account.
April 20 Received a check from Phil Stout to pay his $1,600 promissory note plus interest of $60.
April 30 Had cash sales of $5,600 plus sales tax of $446. There was a cash shortage of $23.
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