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Check my work Finer Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Identify the journal in which each of the transactions should be recorded. Date Transaction May 2 The company paid Bryant Co. $15,340 cash for the merchandise purchased on May 12. 5 Issued check no. 890 to Walters Corp. to buy office supplies for $1,950. 7 Paid salary of $6.800 to J. Terry by issuing check no. 543. 8 Purchased $6,000 of merchandise on credit from Liggins terms n/15. 12 | Received $1,225 cash from J. Dryer to pay for the purchase of May 7. 16 Sold used store equipment (noninventory) for $900 cash to Golf, Inc. 19 The company paid wages of $5,650 in cash. 25 Sold merchandise costing $800 to J. Dryer for $1,250, terms 2/10, n/30, invoice no. 5704 8:00 arch O ENG 7/27 hp