Ali Co. uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements journal, and a general journal. The following transactions occur in the month of November. Nov. 3 The company purchased $3,200 of merchandise on credit from Hart Co., terms n/20 7 The company sold merchandise costing $840 on credit to J. Than for 1,000, subject to a $20 sales discount if paid by the end of the month. 9 The company borrowed $3,750 cash by signing a note payable to the bank. 13 J. Ali, the owner, contributed $5,000 cash to the company 18 The company sold merchandise costing $250 to B. Cox for $330 cash. 22 The company paid Hart Co. $3,200 cash for the merchandise purchased on November 3. 27 The company received $980 cash from J. Than in payment of the November 7 purchase 30 The company paid salaries of 1,650 in cash. Journalize the November transactions that should be recorded in the cash receipts journal assuming the perpetual inventory system is used CASH RECEIPTS JOURNAL Accounts Cost of Goods Account Cash Dr. Credited Sales Receivable. Sales Cr. Accounts Cr. Inventory Date Dr Accounts Cr.Sold Dr Inventory Cr