7 Exercise 7-6 Purchases journal LO P3 11.11 points Hint Print References Gomez Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the purchases journal. July Purchased $17,000 of merchandise on credit from Hector Co., terms n/15. 4 Sold merchandise costing $570 to C. Paul for $680 cash. 8 Purchased $520 of office supplies from Zhang Co. on credit, terms n/30. 15 Paid Hector $17,000 cash for the merchandise purchased on July 1. 21 Purchased $960 of store supplies on credit from Staples, terms /30. 22 Sold merchandise costing $2,250 to MicroTran for $2,750 on credit, terms n/30. 23 Purchased office supplies from Depot for $330 cash. 25 Purchased $4,000 of merchandise on credit from Alfredo Co., terms n/30. 27 Paid employee salaries of $1,900 in cash. PURCHASES JOURNAL Date of Date Account Invoice Terms Accounts Payable Cr. Office Other Inventory Dr. Supplies Dr. Accounts Dr. Check m