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2 Exercise 7-8 Identifying journal of entry LO P1, P2, P3, P4 Marx Supply uses a sales journal, purchases journal, cash receipts journal, cash payments

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2 Exercise 7-8 Identifying journal of entry LO P1, P2, P3, P4 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. 33.33 points Date Transaction Journal April 3 Purchased $392 of store supplies from Bryce Company on credit, terms n/30. eBook 9 Sold merchandise costing $1,100 to J. Reddick for $1,350 cash 12 Purchased $2,740 of merchandise on credit from Hield Corp, terms n/60. 17 Sold merchandise costing $2,010 to A. Curry for $2,750 on credit, terms n/45, invoice no. 8871. Hint 20 The company paid employee wages of $1,900 in cash. Sold merchandise costing $2,330 to Acer for $3,550 on credit subject to a $70 sales discount if paid by the end 28 of next month. Print 29 Issued check no. 342 to Miler Corp. to buy office supplies for $1,150. 30 Purchased merchandise for $8,040 on credit from Reggie, terms 2/10, n/30

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