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Pr 1 In order to properly use a Computerized Accounting Software Program, the user must be able to identify in which of the 5

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Pr 1 In order to properly use a Computerized Accounting Software Program, the user must be able to identify in which of the 5 journals a transaction should be entered. Also, the Software might ask you which Subsidiary Ledger the transaction must also be entered, A/R or A/P. For the transactions below, identify in which of the 5 Journals (GJ, RJ, PJ, CRJ, CPJ) the transaction should be entered and, if it will affect an A/R or A/P ledger, which Subsidiary Ledger it will affect. There were already several customers in A/R who owed the company (A/R) and several creditors to whom the company owed (A/P) as of February 28. Date Transaction March 3 Purchased electrical services on account from Montana Electric Company, $1,960 March 4 Issued check #77 for March 9 purchase from John's Equipment Sales, $2,500 March 5 Received cash from Faraway Co., on account, for $1,560. March 8 Issued check #78 to Montana Electric Company in payment on account, $1,960. March 9 Purchased supplies on account from Clean and Shiny Co., $1,000. March 10 Issued Invoice No. 324 for services provided to Faraway Co., $4,090. March 11 Issued check #79 to Clean and Shiny for supplies purchased on account, $1,400. March 13 Issued check #80 to Keller Insurance Co. for 6 months of Property Insurance, $3,000. March 14 Received cash from Charlie Co., on account, for $1,060. March 15 Issued Invoice No. 322 for services provided to Castle Corp., $8,890. March 18 Purchased supplies on account from Clean and Shiny Co., $800. March 19 Issued check #76 to purchase equipment from John's Equipment Sales, $2,860 March 21 Purchased computer from John's Equipment on account, $2,500. March 26 Returned some of the supplies purchased on account from Clean and Shiny Co., $400. March 27 Issued Invoice No. 323 for services provided to California Style Co., $3,290. March 31 Received cash from Castle Corp for Invoice No. 322 from March 3. March 31 Of the supplies purchased on account, $950 were used this month. March 31 Recorded utility bill received for utilities used in March, $1,000. Journal A/R or A/P

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