Review the following transactions: i (Click the icon to view the transactions.) Requirements 1. Prepare headings for a cash payments journal. Journalize the transactions that should be recorded in the cash payments journal. 2. Total each column of the cash payments journal. = Requirements 1. and 2. Prepare headings for a cash payments journal. Journalize the transactions that should be recorded in the cash payments journal. Total each column of the cash payments journal. (If a box is not used in the journal leave the box empt do not select information and do not enter a zero. Abbreviations used: Ck. = Check, Inv. = Invoice, No. = Number, Oth. = Other, Acct. = Accounts, Disc. = Discount, Pay. = Payable, Rec. - Receivable, Mer. = Merchandise, Invn. = Inventory.) Cash Payments Journal Page 1 Date Ck. No. Account Debited PR Oth. Acct. DR Acct. Pay. DR Mer. Invn. CR Cash CR More info Apr. Apr. 2 Purchased merchandise inventory on credit terms of 3/10, n/60 from Valdez Co., $2,300. Apr. 5 5122 Issued check no. 820 to purchase equipment for cash, $3,800. 820 Equipment 3,800 3,800 Apr. 11 11 821 Merchandise Inventory 450 450 Apr. 12 Purchased merchandise inventory for cash, $450, issuing check no. 821. Issued check no. 822 to pay Valdez Co. net amount owed from Apr. 2. 822 Valdez Co. 2,300 Apr. 19 28 823 Prepaid Insurance 1,100 1,100 29 824 Rent Expense 1,450 1,450 Apr. 24 Apr. 30 Totals 6,800 2,300 Apr. 28 Purchased office supplies on account from Douglas Supplies, $200. Terms were n/EOM. Purchased merchandise inventory on credit terms of net 30 from Wade Sales, $1,000. Issued check no. 823 to pay for insurance coverage, debiting Prepaid Insurance for $1,100. Apr. 29 Issued check no. 824 to pay rent for the month, $1,450