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Martin Manufacturing Company Uses a Cash Receipt Journal Provide a Summary General Journal Entry, Including All Accounts That

Question 84

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Martin Manufacturing Company uses a cash receipt journal. At the end of March, the cash receipts journal was completed as follows:
Cash Receipts Journal  Date  Cash  Debit  Sales  Discount  Debit  Sales  Revenue  Credit  Accts.  Rec.  Credit  Other  Accounts  Other  Accounts  Amount  COGS DR DR  CR  Mar 3 $100$100$42 Chaney, 52,000$2,000 A113,920$804,000 Keen, R. 15750 Rentrev. $75019804804$33524220220 Sutz, M. 293,528723,600 Ash, C. $1,400$11,322$152$904$9,820$750$1,777\begin{array} { | c | r | r | r | r | r | r | r | } \hline \text { Date } & \begin{array} { c } \text { Cash } \\\text { Debit }\end{array} & \begin{array} { c } \text { Sales } \\\text { Discount } \\\text { Debit }\end{array} & \begin{array} { c } \text { Sales } \\\text { Revenue } \\\text { Credit }\end{array} & \begin{array} { c } \text { Accts. } \\\text { Rec. } \\\text { Credit }\end{array} & \begin{array} { c } \text { Other } \\\text { Accounts }\end{array} & \begin{array} { c } \text { Other } \\\text { Accounts } \\\text { Amount }\end{array} & \begin{array} { l } \text { COGS DR DR } \\\text { CR }\end{array} \\\hline \text { Mar 3 } & \$ 100 & & \$ 100 & & & & \$ 42 \\\hline&& & & & \text { Chaney, } \\ 5 & 2,000 &&&\$2,000& \text { A}&& \\\hline 11 & 3,920 & \$ 80 & & 4,000 & \text { Keen, R. } & & \\\hline 15 & 750 & & & & \text { Rentrev. } & \$ 750 & \\\hline 19 & 804 & & 804 & & & & \$ 335 \\\hline 24 & 220 & & & 220 & \text { Sutz, M. } & & \\\hline 29 & 3,528 & 72 & & 3,600 & \text { Ash, C. } & & \$ 1,400 \\\hline & \$ 11,322 & \$ 152 & \$ 904 & \$ 9,820 & & \$ 750 & \$ 1,777 \\\hline\end{array} Provide a summary general journal entry, including all accounts that were affected during the month.                                                        \begin{array} { | l | l | l | } \hline ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~&~~~~~~~~~~ & ~~~~~~~~~~~\\\hline & & \\\hline & & \\\hline & & \\\hline & & \\\hline\end{array}

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