The White Company’s accounting system consists of a general journal (GJ), a cash receipts journal (CR), a cash disbursements journal (CD), a sales journal (SJ), and a purchases journal (PJ). For each of the following, indicate which journal should be used to record the transaction. 

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Transaction Journal 1. Purchased merchandise on account. 2. Collected an account receivable. 3. Borrowed $20,000 and signed a note. 4. Recorded depreciation expense. 5. Purchased equipment for cash. 6. Sold merchandise for cash (the sale only, not the cost of the merchandise). 7. Sold merchandise on credit (the sale only, not the cost of the merchandise). 8. Recorded accrued salaries payable. 9. Paid employee salaries. 10. Sold equipment for cash. 11. Sold equipment on credit. 12. Paid a cash dividend to shareholders. 13. Issued common stock in exchange for cash. 14. Paid accounts payable.