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Exercise 7.4 (Algo) Identifying journal of entry LO P1, P2, P3, P4 Ali Company uses a sales journal, purchases journal, cash receipts journal, cash payments

image text in transcribed Exercise 7.4 (Algo) Identifying journal of entry LO P1, P2, P3, P4 Ali Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Identify the journal in which each of the transactions should be recorded

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