Saved He Finer Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the sales journal. 2 Sold merchandise costing $420 to B. Facer for $630 cash, invoice no. 5703. 5 Purchased $2,600 of merchandise on credit from Marchant Corp. 7 Sold merchandise costing $1,134 to J. Dryer for $1,644, terms 3/10, n/30, invoice no. 5704 8 Borrowed $8,000 cash by signing a note payable to the bank. 12 Sold merchandise costing $284 to R. Lamb for $454, terms n/30, involce no. 5705. 16 Received $1,595 cash from J.Dryer to pay for the purchase of May 7- 19 Sold used store equipment (noninventory) for $900 cash to Golf, Inc. 25 Sold merchandise costing $470 to T. Taylor for $738, terms n/30, invoice no. 5706. May SALES JOURNAL Accounts Receivable Dr. Sales Cr. Cost of Goods Sold Dr. Date Account Debited Invoice Number Inventory Cr Next