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C Sales journal C General journal Purchases journal Nov. 12 The owner, T. Biloxi, contributed an automobile worth $17,000 to the company. C Sales journal

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C Sales journal C General journal Purchases journal Nov. 12 The owner, T. Biloxi, contributed an automobile worth $17,000 to the company. C Sales journal General journal C Purchases journal Nov. 16 The company sold $1,200 of merchandise (cost is $800) on credit to K. Myer, terms n/30. C General journal C Purchases journal Sales journal Nov. 19 K. Myer returned $175 of (worthless) merchandise to the company originally purchased on November 16 (assume the cost of this merchandise is left in cost of goods sold)

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