Exercise 7-6 Purchases journal LO P3 Gomez Company uses a sales journal, purchases journal, cash receipts Journal, cash payments journal, and general Journal Journalize the following transactions that should be recorded in the purchases journal July 1 Purchased $20.000 of merchandise on credit from Hector Co., terms n/15. 4 Sold erchandise costing $870 to C. Paul for $980 cash. Purchased scue of office supplies from Zhang Co. on credit, terns n/30. 15 Paid Hector 520,000 cash for the merchandise purchased on July 1. 21 Purchased $1,ese of store supplies on credit from Staples, teras n/30. 22 Sold merchandise costing $2,550 to MicroTran for $3,050 on credit, terns n/30. 23 Purchased office supplies from Depot for $360 cash. 25 Purchased 55,200 of merchandise on credit from Alfredo Co., terns n/30. 27 Paid employee salaries of 52,200 in cash PURCHASES JOURNAL Accounts Terms Payable C. Date of Invoice Account Inventory Dr. Office Supplies Dr Other Account Dr