Journal219 LAST Lakeview Industries uses a cash payments journal. Prepare a cash payments journal using the same format and account titles as illustrated in the chapter. Record the following payments for merchandise purchased: Sept. 5 issued Check No. 318 to Clausen Corp. for merchandise purchased August 28, $4,700, terms 2/10, 1/30. Payment is made within the discount period. 12 Issued Check No. 319 to McGonigle Co. for merchandise purchased September 2, $8,300, terms 1/10, 1/30. A credit memo had previously been received from McGonigle Co. for merchandise returned, $600. Payment is made within the discount period after deduction for the return dated September 8. 19 Issued Check No. 320 to Elite Systems for merchandise purchased August 19, $4,800, terms 1/30. 27 Issued Check No. 321 to Glenn Falls for merchandise purchased September 17, $6,600, terms 2/10, 1/30. Payment is made within the discount period If an amount box does not require an entry, leave it blank or enter "O" for 'General Debit column also. Page: 1 GENERAL ACCOUNTS PURCHASES POST CASH DATE CK. NO. ACCOUNT DEBITED PAYABLE DISCOUNTS REF. DEBIT CREDIT CREDIT DEBIT CREDIT M. 1 Mid 2 2 Md 3 Mid 4. 4 Previous Check My Work . 25