Marx Supply uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Identify the journal in which each of the transactions should be recorded. Date Transaction April 3 The company borrowed $31,230 cash by signing a note payable to First Business Bank. 50:02 k April 9 Sold merchandise costing $832 to L. Ersan for $1,340 on credit, terms n/30, invoice Number 6721. April 12 Sold merchandise costing $2,010 to A. Curry for $2,750 on credit, terms n/45, invoice Number 8871. April 17 Purchased merchandise for $2,950 on credit from Seth Incorporated, terms 2/10, n/30. April 20 The owner contributed $23,340 cash to the company. April 28 Purchased merchandise for $4,500 on credit from Lite, terms 2/10, n/30. April 29 Paid Kellogs $8,490 cash for the merchandise purchased on April 2. April 30 The company paid employee wages of $1,900 in cash. Journal Cash receipts journal Cash receipts journal Purchases journal Purchases journal + Cash payments journal