3. Describe how the following transactions should be recorded, indicating only the journals to be used. Assume the four special journals: Sales, Single Column Purchases, Cash Receipts , Cash Disbursements, are available, together with a general journal.

(a) Purchased merchandise for $1,000, terms n/30. (b) Returned $100 of merchandise that had been purchased in (a). (c) Owner contributed $900 in cash and $4,500 in delivery equipment to the business. (d) The business sold the delivery equipment in (c) for $4,500. (e) Sent check for $40 to a customer, T. Baker, who had overpaid his account by this amount. (f) Sold merchandise to T. Kriquet, $500, term 2/10, n/30. (g) Purchased equipment on account for $1,800.

Hint: Simply tell me which one of the listed Special Journals or General Journal would receive the entry.