Question 1 The following purchase transactions occurred during August for Backcountry Kayak Excursions. Aug. 1 Purchased kevlar kayaks (equipment) for $5,600 on account from Gear Inc. 6 Purchased kayaks paddles (supplies) for $3,250 on account from Southland Company. 14 Purchased life vests (supplies) for $2,500 on account from Gear Inc. Record these transactions in a purchase journal. Account Date Credited Purchases Journal Other Post. Ref. Accounts Accounts Payable Supplies Dr. Dr. Post. Ref. Amount Cr