Chapter Financial Statement Problem Bank - my Mac Review View Tell me Ace ABCD Aal 21 26 . 33 $ 26 5 & 7 6 8 9 o O R T Y U I o F G H J : Chapter 7 Financial Statement Problems Marx Supply uses a sales joumal, purchases journal, cash receipts Journal, cash payments joumal, and general joumal Identify the journal in which each of the transactions should be recorded Data Transaction April 3Purchased merchandise for $2.950 on credit from Soth. Inc. torms 2/10/30 o issued check no. 210 to Kit Corp. to buy store supplies for $650. 12 Sold merchandise costing $500 fo C. Mox for $770 on credit, terms 17 issued check no. 211 for 51.400 to pay off a note payable to City Bank 20 Purchased merchandise for $4,500 on credit from Lite, terms 2/10,30 28 issued check no 212 to Lite to pay the amount due for the purchase of Apri 20 ss the discount of 590 29 Paid salary of $1,800 to 8. Dock by issuing check no 213 30sued check no. 214 to Seth, Inc., for $2.950 to pay for the April 3 purchase