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finer company uses a sales journal, purchases journal, Smith Auto uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal.

finer company uses a sales journal, purchases journal,
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Smith Auto uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. July 3 The company purchased $3,100 of merchandise on credit from Advanced Parts, terms n/60. 6 The company sold $600 f merchandise (cost is $450) for cash to O'Reily. 7 The owner, A. Smith, contributed equipment worth $5,000 to the company. 9 The company sold $750 of used equipment (noninventory) on credit to Junk Yard, terms n/30. 13 The company sold $3,200 of merchandise (cost is $2,800) on credit to J. Bell, terms n/30. The company granted J. Bell an allowance (price reduction) of $500 for merchandise purchased on 1 Smith Auto credited accounts receivable for that amount. 22 The company purchased a building for $20,000 by issuing a note payable. 26 The company paid salaries of $4,400 with cash. Journalize its transactions that should be recorded in the general journal. Identify the journal where each of the following transactions should be recorded. Complete this question by entering your answers in the tabs below. General Journal subsidiary ledger Journalize its transactions that should be recorded in the general journal. (If the transaction is not recorded in the general Jour "Not recorded in general journal" in the first account field.) View transaction list Journal entry worksheet 2 3 4 5 6 7 The company purchased $3,100 of merchandise on credit from Advanced Parts, terms n/60. Note: Enter debts before credits General Journal Debit Credit July 03

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