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A B C D elect the correct journal for each of the transactions. Number Description 1 Received $350 cash for sale of merchandise 2 Paid
A B C D elect the correct journal for each of the transactions. Number Description 1 Received $350 cash for sale of merchandise 2 Paid $2,400 rent for the month. 3 Purchased six months advertising in advance, $6,000 cash. 4 Received $3,000 for sale of office equipment. 5 Sold merchandise on account, $560. 6 Purchased office computer for $3,400 cash. 7 Purchased merchandise on account, $11,500. 8 Purchased supplies on account, $90. 9 Received $1,150 from a customer on account. 10 Paid salaries for the month, $1,900 cash. 11 Owner withdrew $1,200 cash from the business. 12 Recorded depreciation on the building. $6,700. 13 Recorded adjusting entry for prepaid advertising, $1,000. 14 Recorded closing entries for the month. 15 Recorded reversing entry for accrued wages expense. Journal Cash Receipts Journal Cash Payments Journal Purchases Journal Cash Receipts Journal Sales Journal Purchases Journal Purchases Journal Purchases Journal Cash Receipts Journal General Journal General Journal General Journal General Journal General Journal General Journal
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