Finer 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 sales journal May 2 Sold merchandise costing $250 to 3. Facer for $390 cash, invoice no. 573. 5 Purchased $2,000 of merchandise on credit from Marchant Corp. 7 Sold merchandise costing 5702 to 3. Dryer for 51,018, teras 3/10, 30, invoice no. 5704 8 Borrowed 38,000 cash by signing a note payable to the bank 12 Sold merchandise costing $176 to Lab for 5282, ter n/30 Invoice no. 575 16 Received 5987 cash from Dryer to pay for the purchase of May 7. 19 Sold used store equipment (noninventory) for 500 cash to Golf Inc 25 sold merchandise costing 5318 to 1. Taylor for $48, tes/30, Invoice no. 570 Date SALES JOURNAL Accounts Account Debited Invoice Number Receivable Dr. Sales Cr Cost of Goods Sold Dr Inventory CE CH