Bronze Corporation Had the Following Transactions Use the Following Cash Receipts Journal to Record the Preceding

question 47

Essay

Bronze Corporation had the following transactions:
$\begin{array}{|l|l|}\hline \text { Jun. } 6 & \text { Sold merchandise inventory for cash, } \$ 2,200 . \text { Cost of goods, } \$ 1,400 \\\hline 9 & \text { Collected interest revenue of } \$ 2,350 . \\\hline 15 & \text { Received cash from Jim Rhodes, } \$ 1,100, \text { on account. There was no discount. } \\\hline27&\text { Received } \$ 5,400 \text { from Steve McNeil representing } \$ 5,292 \text { he owed plus } \$ 108 \text { sales discount }\\&\text { forfeited. }\\\hline\end{array}$ Use the following cash receipts journal to record the preceding transactions.The company uses the perpetual inventory system.
Cash Receipts Journal $~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~$ Page 3
$\begin{array}{|c|c|c|c|c|c|c|c|c|}\hline \textbf{ Date } & \begin{array}{l}\textbf{ Accounts } \\\textbf{ Credited }\end{array} & \begin{array}{l}\textbf{ Post } \\\textbf{ Ref. }\end{array} & \begin{array}{l}\textbf{ Cash } \\\textbf{ DR }\end{array} & \begin{array}{c}\textbf{ Accounts } \\\textbf{ Receivable } \\\textbf{ CR }\end{array} & \begin{array}{c}\textbf{ Sales } \\\textbf{ Revenue } \\\textbf{ CR }\end{array} & \begin{array}{c}\textbf{ Sales } \\\textbf{ Discounts } \\\textbf{ Forfeited } \\\textbf{ CR } \\\end{array} & \begin{array}{c}\textbf{ Other } \\\textbf{ Accounts } \\\textbf{ CR }\end{array} & \begin{array}{c}\textbf{ Cost of Goods } \\\textbf{ Sold DR } \\\textbf{ Merchandise } \\\textbf{ Inventory CR } \\\end{array} \\\hline & & & & & & & & \\\hline & & & & & & & & \\\hline & & & & & & & & \\\hline & & & & & & & & \\\hline\end{array}$

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Definitions:

Hans Eysenck

Hans Eysenck was a German-born British psychologist known for his work on personality psychology, including the development of a model of personality based on three dimensions: extraversion, neuroticism, and psychoticism.

Family Studies

Research focusing on the family as a unit of analysis to understand dynamics, relationships, and patterns that influence health, behavior, and socialization.

Evolutionary Approach

An approach in psychology that examines human thoughts and behaviors through the lens of natural selection and adaptation.

Reliable And Ethical

pertains to actions, systems, or individuals that consistently perform as expected while adhering to moral principles and values.