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Business, 28.05.2021 14:00 makayladurham19
R. Sheridan Co. uses special journals and a general journal. The following transactions occurred during May 2020.
May 1 R. Sheridan invested $46,800 cash in the business.
2 Sold merchandise to Lawrie Co. for $6,470 cash. The cost of the merchandise sold was $4,300.
3 Purchased merchandise for $7,450 from J. Moskos using check no. 101.
14 Paid salary to H. Rivera $900 by issuing check no. 102.
16 Sold merchandise on account to K. Stanton for $810, terms n/30. The cost of the merchandise sold was $605.
22 A check of $8,830 is received from M. Mangini in full for invoice 101; no discount given.
Prepare a multiple-column cash receipts journal for May that should be journalized. (Record entries in the order presented in the problem.
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R. Sheridan Co. uses special journals and a general journal. The following transactions occurred dur...
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