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pleass help asap Gomez Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that
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Gomez Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the purchases journal. July 1 Purchased $23,500 of merchandise on credit from Hector Conpany, terms n/15. July 4 Sold merchandise costing $1,220 to C. Paut for $1,330 cash. July 8 Purchased $780 of office supplies from Zhang Company on credit, terms n/3. Juty 15 Paid Hector $23,500 cash for the merchandise purchased on Juty 1 . July 21 Purchased $1,155 of store supplies on credit from Staples, terms n/30. July 22 Sold merchandise costing $2,900 to MicroTran for $3,400 on credit, terms n/30. Juty 23 Purchased office supplies from Depot for $395 cash. Juty 25 Purchased $6,600 of merchandise on credit from Alfredo Company, terms n/30. July 27 Paid enployee salaries of $2,550 in cash Step by Step Solution
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