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Instructions: Indicate in which journal the transactions given below would be recorded by placing the appropriate journal abbreviation in the space provided. - -
Instructions: Indicate in which journal the transactions given below would be recorded by placing the appropriate journal abbreviation in the space provided. - - - Abbreviation CR CP Journal General Journal Cash Receipts Journal Sales Journal Cash Payments Journal Purchases Journal 1. Received cash on account from customer. 2. Customer returned merchandise sold on account. 3. Sold merchandise to customer for cash. 4. Owner withdrew cash for personal use. 5. Paid shipping charges on merchandise purchased on account. 6. Purchased office equipment on account. 7. Purchased merchandise for resale on account. 8. Recorded adjusting entries.
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