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how to solve this? please use this pucture word. Smith Auto uses a sales journal purchases journal, cash receipts journal, cash payments journal, and general
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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 $4,380 of merchandise on credit from Advanced Parts, terms n/60. July 6 The company sold $1,200 of merchandise for cash (cost is $1,050) to O'Reily. July 7 The owner, A. Smith, contributed equipment worth $7,480 to the company. July 9 The company sold $1,350 of used equipment (noninventory) on credit to Junk Yard, terms n/30. July 13 The company sold $5,600 of merchandise (cost is $5,200) on credit to J. Bell, terns n/30. July 15 The company granted 3. Bell an allowance (price reduction) of $740 for merchandise purchased on July 13. Smith Auto credited accounts receivable for that amount. July 22 The company purchased a building for $44,000 by issuing a note payable. July 26 The company paid salaries of $5,600 with cash. 1. Journalize its transactions that should be recorded in the general Journal 2. 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 2 3 4 5 6 5 7 Empany sold $1,200 of merchandise (cost is $1,050 ter debits before credits. le General Journal 06 Sales Not recorded in general journal A. Smith, Capital A. Smith, Withdrawals Recorder Accounts payable-). Bell Accounts receivable-J. Bell Accounts receivable-Junk Yard Automobiles Buildings Recorder Delivery expense K 2 1 3 4 5 6 7 The company sold $1,200 of merchandise (cost is $1,05 Note: Enter debits before credits. General Journal Date July 06 Sales Equipment Inventory J. Bell Withdrawals Recorder Notes payable Office supplies N 3 4 5 01 1 6 7 The company sold $1,200 of merchandise (cost is $1,050) fe Note: Enter debits before credits. Date General Journal July 06 Sales Purchases Purchases discounts Purchases returns and allowances Sales Record es Sales discounts 2 3 1 4 5 6 7 The company sold $1,200 of merchandise (cost is $1,050) Note: Enter debits before credits. General Journal Date July 06 Sales Sales Sales discounts Sales returns and allowances Store supplies Transportation-in Recorded please use this pucture word.
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