1. journalize its transactions that should be recorded in the general journal.

2. Identify the journal where rach of the following transactions should be recorded.

Smith Auto uses o soles journal, purchases journal, cash receipts journal, cash payments journal, and general journal. July 3 The conpany purchased $4,490 of eerchandise on credit fron Advanced Parts, teras n/60. July 6 . The company sotd $1,250 of merchandise for cash (cost is $1,100) to 0 Reily. July 7 The ouner, A. Seith, contributed equiprent worth $7,6e0 to the conoany. July 9 The company sold $1,4e0 of used equipment (ooninventory) on credit to Junk Yard, teras n/3e. July is The company, granted J. Bell an allowance (price reduction) of $76 for merchandise purchased on July 13.5sith Auto credited accounts receivable for that anount. July 22 The coapany purchased a building for $45,000 by issuing a note payabte. Juty 26 The company paid solories of $5,700 with cash. 1. Journalize its transactions that should be recorded in the general journal. 2. Identify the journal where each of the following transections should be recorded. Complete this question by entering your answers in the tabs below. Journalize its transsctions that should be recorded in the general journal. Note: if the transaction is not recorded in the general journal, select "Not recorded in general journal" in the first account fiela