Problem 2 (20 pts.) Plimpton Sales uses special journals to record business transactions. Plimpton sells office equipment. The company completed the following transactions a through j. Identify the journal in which each transaction should be recorded. . Paid an installment on a bank loan on credit e. Paid cash to a croditor. d Sold e. Sold equipment to a customer for cash equipment to a customer on credit Paid employees salaries in cash g Received payment from a customer on credit h. Purchased office supplies on account Retumed inventory to creditor before payment Problem 3 (20 pts.) 1.The bank statement for Gatlin Co. indicates a balance of $7,735 on June 30, 2017. The cash account had a balance of S4,098. Prepare a bank reconciliation on the basis of the following reconciling items: Cash sales of $742 had been recorded in error in the Gatlin Co.'s cash receipts journal as $724 b Deposits in transit not recorded by bank, $425 Bank service charges, S35 Customer note collected by the bank, $2,475 (including interest of $75) e Bank debit memo for $256 NSF (not sufficient funds) check from Janice Smith, a customer. t Checks outstanding, $1,860. 2. Prepare the adjusting journal entries relating to the above reconciling items