Princess Corp. uses a Sales Journal ,Purchases Journal , Cash Receipt Journal, Cash Disbursement Journal , and General Journal.

The following transactions were completed by the Princess Corp. during the month of October.

Oct. 3 Sold merchandise for $5,500 to the South Corp. on credit , Invoice No. 1122.

Oct. 6 Sold a piece of land for $16,400 cash. The land was originally purchased for $12,600

Oct. 11 Purchased supplies for $ 420 cash.

Oct. 15 Issued a credit memo for $550 to West Corp. for returned merchandise.

The merchandise cost $100 and was returned to inventory.

Oct. 21 Returned $330 of merchandise purchased from Min Corp. for credit on account.

Oct. 24 Paid monthly salaries of $5,400.

Oct. 31 Recorded depreciation on equipment of $1,200.

a) record the appropriate transaction in the General Journal

b) for the transactions not recorded in the General Journal , indicate the correct journal of original entry.

For the General Journal please use

date

account title and explanation

debit

credit

Thank you