Ali 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 cash receipts journal.

November 3 The company purchased $4,700 of merchandise on credit from Hart Company, terms n/20. November 7 The company sold merchandise costing $1,240 to J. Than for $1,363 on credit, subject to a $27 sales discount if paid by the end of the month. November 9 The company borrowed $3,400 cash by signing a note payable to the bank. November 13 J. Ali, the owner, contributed $4,700 cash to the company. November 18 The company sold merchandise costing $197 to B. Cox for $351 cash. November 22 The company paid Hart Company $4,700 cash for the merchandise purchased on November 3. November 27 The company received $1,336 cash from J. Than in payment of the November 7 purchase. November 30 The company paid salaries of $2,350 in cash.