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Prepare the Cash Receipts Journal (CRJ) for April 20.7, assuming a selling price of R100 and a cost price of R60 per T-shirt.
Accounting
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3.1.1 Cash Receipts Journal (CRJ) for April 20.7
Assumption: The selling price and cost price of T-shirts are not provided in the given extract. For the purpose of completing this journal, we will assume a selling price of R100 per T-shirt and a cost price of R60 per T-shirt.
| Doc No. | Day | Details | Folio | Bank (Dr) | Sales (Cr) | Cost of Sales (Dr) | Sundry Accounts (Cr) | Folio | Details |
|---|---|---|---|---|---|---|---|---|---|
| B1 |
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