The Nova Scotia Beekeepers Supply Company, which uses the perpetual inventory system and makes all credit sales on terms of 2/10, n/30, completed the following transactions during July. The business records all sales returns and all purchase returns in the general journal.

Required 

Use the following abbreviations to indicate the journal in which you would record each of the July transactions. Key each transaction by date. Also indicate whether the transaction would be recorded in the accounts receivable subsidiary ledger or the accounts payable subsidiary ledger.

G = General journal

S = Sales journal

CR = Cash receipts journal

P = Purchases journal

CP = Cash payments journal

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Jul. 2 3 Issued invoice no. 913 for sale on account to White Harbour Restaurant, $12,300. The cost of this inventory was $5,400. Purchased inventory on credit terms of 3/10, n/60 from The Country Store, $7,401. The invoice was dated July 3. Sold inventory for cash, $3,231 (cost, $1,440). 5 Issued cheque no. 532 to purchase beekeeping equipment for cash, $6,555. 5 10 10 8 a 9 10 12 13 13 15 17 18 19 20 22 22 24 25 28 29 29 30 31 31 Collected interest revenue of $3,325. Issued invoice no. 914 for sale on account to Bell Ltd., $16,650 (cost, $6,930). Purchased inventory for cash, $3,429, issuing cheque no. 533. Received cash from White Harbour Restaurant in full settlement of its account receivable from the sale on July 2. Issued cheque no. 534 to pay The Country Store the net amount owed from July 3. Purchased supplies on account from Manley Inc., $4,323. Terms were net end of month. The invoice was dated July 12. Sold inventory on account to O. Brown, issuing invoice no. 915 for $1,995 (cost, $720). Issued credit memo to O. Brown for $1,995 for merchandise sent in error and returned by Brown. Also accounted for receipt of the inventory. Issued invoice no. 916 for credit sale to White Harbour Restaurant, $1,071 (cost, $381). Received $16,317 from Bell Ltd. in full settlement of its account receivable from July 9. Purchased inventory on credit terms of net 30 from Burgess Distributing Ltd., $6,141. The invoice was dated July 20. Purchased furniture on credit terms of 3/10, n/60 from The Country Store, $1,935. The invoice was dated July 22. Issued cheque no. 535 to pay for insurance coverage, debiting Prepaid Insurance for $3,000. Sold supplies to an employee for cash of $162, which was the cost of the supplies. Issued cheque no. 536 to pay utilities, $3,359. Purchased inventory on credit terms of 2/10, n/30 from Manley Inc., $4,025. The invoice was dated July 28. Returned damaged inventory to Manley Inc., issuing a debit memo for $2,025. Sold goods on account to Bell Ltd., issuing invoice no. 917 for $1,488 (cost, $660). Issued cheque no. 537 to pay Manley Inc. $1,323. Received cash in full on account from White Harbour Restaurant. Issued cheque no. 538 to pay monthly salaries of $7,041.