Required: Consider the following transactions. In the blank column beside the transaction, identify the journal it should be recorded in.

Use:

S...... for Sales Journal

P...... for Purchases Journal

CR.... for Cash Receipts Journal

CD.... for Cash Disbursements Journal

G.... for General Journal

Dec 1	Purchased merchandise on credit (terms 2/10, n/30).
Dec 2	The owner of the business invested some office furniture into the business.
Dec 3	Sold merchandise on account (terms 2/10, n/30).
Dec 4	The owner invested cash in the business.
Dec 5	A customer returned defective merchandise (from Dec 3 transaction) which was then scrapped.
Dec 6	Gave a customer a credit memo for an allowance on a prior sale.
Dec 7	Received and paid the telephone bill.
Dec 8	Received a credit memorandum from a supplier granting us an allowance on a previous purchase of merchandise.
Dec 9	Received payment from a customer.
Dec 10	Accrued interest revenue.
Dec 11	Paid the balance owing on a purchase (from Dec 1).
Dec 12	Borrowed money from the bank.
Dec 13	Sold old office equipment for cash.
Dec 14	Purchased office supplies on credit.
Dec 15	Paid salaries.
Dec 16	Sold merchandise and received cash.
Dec 17	Prepared closing entries.
Dec 18	Paid cash for merchandise.
Dec 19	Received a credit memorandum from a supplier when defective merchandise was returned.
Dec 20	Performed services on account.