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please provide reasons for each in brief in your own words Week 6 Fiona Sporty uses a purchases journal, a cash payments journal, a sales

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please provide reasons for each in brief in your own words

Week 6 Fiona Sporty uses a purchases journal, a cash payments journal, a sales journal, a cash receipts journal and a general journal. Indicate in which journals the following transactions are most likely to be recorded. a) Purchased inventories on credit (2 marks) b) Sales of inventory on credit (2 marks) c) Received payment of a customer's account (2 marks) d) Payment of monthly rent by cheque (2 marks) e) End of period closing entries (2 marks)

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