Exercise 7-6 Purchases journal LO P3 Gomez Company uses a sales journal, purchases journal, cash recelpts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the purchases journal. July 1 Purchased $23,000 of merchandise on eredit from Hector co., terzs n/15. 4 Sold merchandise costing $1,170 to C. Paul for $1,280 cash. 15 Pald Hector $23,000 cash for the from 2hang Co. on credit, terms n/30. 21 Purchased $1,140 of atore supplies on thandise purchased on July 1 . 22 Sold merchandise costing $2,850 to Mieror cred from Staplos, terms n/30. 23 Purehased office supplies from Depot for $390 eash. $3,350 on credit, terma n/30. 25 Purchased $6,400 of merchandiso on eredit from Alfredo co., terss n/ 27