Problem 7-1. Indicate in which of these five journals each transaction described below will be journalized: Write the letter of your answer on the space provided for. Use CAPITAL LETTERS only. A. Sales Journal B. Cash Receipts Journal C. Purchases Journal D. Cash Payments Journal E. General Journal 1. Issued credit memo No. 2, $13. 2. Cash sales, $20. 3. 4. 5. Received cheque from Blue Co., $50, less 3% discount. Bought merchandise on account from Mel Co., $35, 1/10, n/30, invoice No. 20. Cash purchase, $15. 6. Issued debit memo to Mel Co., $15 for merchandise returned from invoice No. 20. 7. Sold inventory on account to J. Blake, $1,430, Invoice #214 8. Issued credit memo #3 for merchandise returned by B. Kelly, $120 a Doid utilition for the month $340