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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
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 $21,580 of merchandise on credit from Hector Company, terns n/15. July 4 Sold merchandise costing $1,020 to C. Paul for $1,130 cash. July 8 Purchased $700 of office supplies from Zhang Company on credit, terns n/30. July 15 Paid Hector $21,500 cash for the merchandise purchased on July 1. July 21 Purchased $1,695 of store supplies on credit from Staples, terms n/30. July 22 Sold merchandise costing $2,700 to MicroTran for $3,200 on credit, terms n/30. July 23 Purchased office supplies from Depot for $375 cash. July 25 Purchased 55,800 of merchandise on credit fron Alfredo Company, terns n/30. July 27 Paid employee salaries of $2,350 in cash. PURCHASES JOURNAL Accounts Payable Inventory Debit Terms Credit Date Account Date of Invoice Office Supplies Debit Other Accounts Debit
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