Assume a system with five journals described in our topic. Match which journal should be used to record each business transactions described. Return of defective merchandise purchase and receiving a cash refund Recording the depreciation of equipment at the end of the period Sales of Merchandise for cash Closing the owner's drawing account at the end of the period Sales of Merchandise on Account Payment to creditors on account 1. Sales Journal (SJ) Adjustment of insurances expired portion 2. Cash Receipts Journal (CRJ) 3. Purchase Journal (PJ) Sale of office supplies on account, at cost to a friend as an accommodation 4. Cash Payment Journal (CPJ) Investment of additional cash in the business by the owner 5. General Journal (GJ) Payment of employees salaries Borrowed cash from Bank signing a promissory note Withdrawal of cash by the owner Purchase of merchandise on account Issuance of credit memo to a customer Collection from customers on account