K Use the following cash payments journal to record the transactions. (If a box is not used in the journal leave the box empty; do not se (Click the icon to view the transactions.) Cash Payments Journal Page 8 Ck. Post. Other Accounts Merchandise Date No. Account Debited Ref. Accounts DR Payable DR Inventory CR Cash CR Jan. 2024 More info Jan. 5 Jan. 7 Jan. 18 Jan. 28 Issued check no. 430 to purchase equipment for cash, $1,800. Purchased merchandise inventory for cash, $650, issuing check no. 431. Paid Krum Co. amount owed, $1,175, less $40 discount. Issued check no. 432. Issued check no. 433 to pay utilities, $230. The bill was just received, and there is no liability recorded. Print Done