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Po vd Wrolsd emotions 41. Below are some typical transactions incurred by Piper Company. 1. Purchase of merchandise on account. 2. Collection on account from customers. mozibele 3. Payment of employee's wages. lv 4. Sales of merchandise for cash. V obo9 5. Close Income Summary to owner's capital. TOT 6. Adjusting entry for depreciation on machinery. 7. Payment of creditors on account. D o n 8. Purchase of office equipment on credit. 9. Sales discount taken on goods sold on credit. 10. Sales of merchandise on account. 11. Purchase of a delivery truck for cash. 12. Return of merchandise purchased on credit. 13. Payment of rent in advance. 14. Adjusting entry for accrued interest expense. 15. Purchase of office supplies for cash. For each transaction, indicate by the code letter the appropriate journal where the transaction would be journalized. CR - Cash Receipts Journal CP-Cash Payments Journal isvilho S-Sales Journal P-Single-Column Purchases Journal G-General Journal