Question

- UNU THU TU-442 PM new Ict.mheducation.com data - 2019 Fall Huselid's ... Untitled Chapter 7 ASSIGNMENT GNMENT G Help Save & Exit Submit Marx Supply uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Identify the journal in which each of the transactions should be recorded. Journal Date Transaction April 3 Purchased merchandise for $2,950 on credit from Seth, Ino, terms 2/10, 9 Issued check no. 210 to Kitt Corp. to buy store supplies for $650. 12 Sold merchandise costing $500 to C. Myrs for $770 on credit, terms n/30 17 issued check no. 211 for $1.400 to pay off a note payable to City Bank 20 Purchased merchandise for $4,500 on credit from Lite, torms 2/10, n/30 28 Issued check no. 212 to Lite to pay the amount due for the purchase of April 20 loss the discount of 500. 29 Paid salary of $1,800 to B. Dock by issuing check no. 213. 30 Issued check no. 214 to Soth, Inc., for $2.950 to pay for the April 3 purchase Prev 10 of 10 !!! Next

Answer 1

any purchase, sale other than goods and any adjusting entries are recorded in general journal

April 3rd - Purchase of merchandise for 82950 m credit - Purchase Journal April ath Issued check to buy - cash payments Supplies for $656 6 Journal April 12th - Sold merchandise for Sales purnal $7to on credit April 17th Issued check to off not payable pay - $ 1400 cash payments Journal April 20th purchased merchandise for $ usoo on credit purchase Journal April 28th - Issued check to pay the - amount due to purchases on - - April 20th Cash payment Journal April 29th April - 30th Paid salary of $1800 - cash payment Journal assued theck for payment cash payment towards purchase Journal. All credit sales - Sales journal Conly goods) All credit purchases - purchase journal Conly goods) All collect | All payments either cash or check-cash pament Tournal All cash Recipts - cash receipt journal