2 Bennington Journal Sanchez Journal Bennington Ledgers Sanchez Inc Ledgers Analyze Record these transactions in a general journal for Bennington Company assuming that they use the periodic system. 5 ints No Date: General Journal 1 Jan. 8, 20X1 Accounts payable/Sanchez, Inc. 01:0 Cash Purchases discounts 2 Jan. 10, 20X1 Purchases Accounts payable/Sanchez, Inc. 3 Jan. 15, 20X1 Accounts payable/Sanchez, Inc. Purchases returns and allowances 4 Jan. 19, 20X1 Accounts payable/Sanchez, Inc. Cash Purchases discounts 5 Jan. 30, 20X1 Purchases Accounts payable/Sanchez, Inc. 00 000 30 00 Bennington Journal Sanchez Journal > Debit Credit 2,300 2,254 46 1,150 1,150 ( 320 830 2,500 320 830 17 2,500