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In this video tutorial, we explore the cash receipts journal, which tracks all cash inflows for a business. The presentation includes a visual example of the journal. A case study involves a customer, John Henry, who pays $500 towards his account receivable. The first step is entering the date and identifying the credited account, which is John Henry's accounts receivable. The explanation includes noting the invoice being paid. Since a 10% discount of $50 is offered, this amount is recorded in the sales discount column. The remaining $450 is entered in the cash debit column, while the full $500 purchase amount is recorded in the accounts receivable credit column.