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Read each transaction and identify the appropriate journal in which it should be recorded: Sales Journal, Purchases Journal Accrued Revenues Journal, Accrued Expenses Journal or

Read each transaction and identify the appropriate journal in which it should be recorded: Sales Journal, Purchases Journal Accrued Revenues Journal, Accrued Expenses Journal or Genreral Journal.

1. Owner withdrew supplies
2. Sale made on account
3. Payment to vendor on account
4. Payment received from customer on account
5. Purchases on account
6. Adjusting journal entry for supplies used
7. Owner withdrew cash
8. Company borrows money from bank
9. Record monthly depreciation
10. Close revenue accounts at month's end

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