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.

The company purchased $3,900 of merchandise on credit from Hart Company, terms n/20. November 7 The company sold merchandise costing $1,029 to J. Than for $1,131 on credit, subject to a $23 sales discount if paid by the end of the month. November 9 The company borrowed $2,575 cash by signing a note payable to the bank. November 13 J. Ali, the owner, contributed $3,875 cash to the company. November 18 The company sold merchandise costing $164 to B. Cox for $292 cash. November 22 The company paid Hart Company $3,900 cash for the merchandise purchased on November 3. November 27 The company received $1,108 cash from J. Than in payment of the November 7 purchase. November 30 The company paid salaries of $1,950 in cash.