Smith Auto uses a sales Journal, purchases journal, cash receipts journal, cash payments Journal, and general Journal 3 66 July 3 The company purchased $3,500 of merchandise on credit from Advanced Parts, terns w/60. 6 The company sold 5800 of merchandise (cost is $650) for cash to O'Rally. 7 The owner, A. Smith, contributed equipment worth $5,000 to the company. 9 The company sold $950 of weed equipment (non inventory) on credit to Junk Yard, and 1/30. 13 The company sold 54,000 of merchandise (coat is $3,600) on credit to J. Bell, terna n/30. 15 The company granted J. Bell an allowance (price reduction) of $580 for merchandise purchased on July 13. saith Auto credited accounts receivable for that amount. 22 The company purchased a building for $28,000 by issuing a note payable. 26 The company paid salaries of $4,800 with cash. Journalize its transactions that should be recorded in the general Journal, (if the transaction is not recorded in the general Journal, select "Not recorded in general Journal" in the first account field.) Identify the journal where each of the following transactions should be recorded Complete this question by entering your answers in the tabs below. General subsidiary Journal ledger Journalize its transactions that should be recorded in the general Journal (If the transaction is not recorded in the general journal, select "Not recorded in general journal" in the first account field.) View transaction list Journal entry worksheet 2 3 4 5 6 7 8 The company purchased $3,500 of merchandise on credit from Advanced Parts, terms n/60. Note Enter debits before credits General Journal Credit Data July 03 Debit 3.500 Inventory 3 16.66 points Smith Auto uses a sales Journal, purchases joumat, cash receipts Journal, cash payments journal and general journal July 3 The company purchased $3,500 of merchandise on credit from Advanced Parts, terns w/co. 6 The company sold 6800 of merchandise (cost is $650) for cash to O'Reily. 7 The owner, A. Smith, contributed equipment worth 5,000 to the company 9. The company sold $950 of weed equipment (noninventory) on credit to Junk Yard, tema n/30. 13 The company sold $4,000 of merchandise (cost is $3,600) on credit to J. Bell, terms w/30. 15 The company granted J, Bell an allowance (price reduction) of 5580 for merchandise purchased on July 13. Smith Auto credited Accounts receivable for that amount. 22 The company purchased a building for $20,000 by Lasuing a note payable. 26 The company paid salaries of 34,800 with cash. Journalize its transactions that should be recorded in the general Journal of the transaction is not recorded in the general journal, select "Not recorded in general Journal" in the first account field.) Identify the journal where each of the following transactions should be recorded Complete this question by entering your answers in the tabs below. General Journal subsidiary ledger Identify the journal where each of the following transactions should be recorded. Journal Date Transaction July 3 The company purchased $3,500 of merchandise on credit from Advanced Parts, terms 160 6 The company sold $800 of merchandise (cost is $650) for cash to O'Reilly 7 The owner, A. Smith, contributed equipment worth $5,800 to the company The company sold $950 of used equipment (noninventory) on credit to Junk Yard, torms/30 13 The company sold $4,000 of merchandise (cost is $3,600) on credit to J. Bell, teeme 30. The company granted J. Bell an allowance (price reduction) of $580 for merchandise purchased on July 13. 15 Smith Auto created accounts receivable for that amount. 22 The company purchased a building for $28,000 by issuing a note payable 26 The company paid salaries of $4,800 with cash General Journal wubiary ladu
