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Journalizing Purchases Transactions Journalize the following transactions in a general journal: May 3 Purchased merchandise from Reed, $5,900. Invoice No. 321, dated May 1, terms

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Journalizing Purchases Transactions Journalize the following transactions in a general journal: May 3 Purchased merchandise from Reed, \$5,900. Invoice No. 321, dated May 1, terms n/30. 9 Purchased merchandise from Omana, \$2,730. Invoice No. 614, dated May 8, terms 2/10,n/30. 18 Purchased merchandise from Yao Distributors, \$2,260. Invoice No. 180, dated May 15, terms 1/15,n/30. 23 Purchased merchandise from Brown, \$4,980. Invoice No. 913, dated May 22, terms 1/10,n/30

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