Journalizing Cash Payments Sandcastles Northwest uses a cash payments journal. Prepare a cash payments journal using the same format and account titles as ilustrated in the chapter. Record the following payments for merchandise purchased Apr. 5 Issued Check No. 429 to Standard Industries for merchandise purchased April 3, $8,200, terms 2/10, n/30. Payment is made within the discount period 19 Issued Check No. 430 to Finest Company for merchandise purchased April 10, $4,700, terms 1/10, n/30. A credit memo had previously been received from Finest Company for merchandise returned, $600. Payment is made within the discount period after deduction for the return dated April 12 21 Issued Check No. 431 to Funny Follies for merchandise purchased March 21, $2,750, terms n/30 29 Issued Check No. 432 to Classic Data for merchandise purchased April 20, $7,400, terms 2/10, n/30. Payment is made within the discount period