All Couses 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 Nov. 3 The company purchased $3,700 of merchandise on credit from Hort Co terms w/20. 7 The company sold merchandise costing $976 to. Than for $1,073 on credit, subject to $21. sales discount If paid by the end of the month. 9 The company borrowed $3,100 cash by signing a note payable to the bank 13 ). Ali, the owner, contributed $4,400 cash to the company 18 The company sold merchandise costing $155 to B. Cox for $276 Cash 22 The company paid Mart Co. 3,700 cash for the merchandise purchased on November 27 The company received $1,052 cash from ). Than in payment of the November purchase 30 The company paid salaries of $1,850 in cash CASH RECEIPTS JOURNAL Accounts Sales Receivable Sales Cr. Other Discount Dr. Cr Accounts CF Account Credited Cost of Goods Sold Dr Inventory Cr Date Cash Dr