Smith Auto uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal.

July 3	The company purchased $4,900 of merchandise on credit from Advanced Parts, terms n/60.
July 6	The company sold $1,500 of merchandise for cash (cost is $1,350) to OReily.
July 7	The owner, A. Smith, contributed equipment worth $8,600 to the company.
July 9	The company sold $1,650 of used equipment (noninventory) on credit to Junk Yard, terms n/30.
July 13	The company sold $6,800 of merchandise (cost is $6,400) on credit to J. Bell, terms n/30.
July 15	The company granted J. Bell an allowance (price reduction) of $860 for merchandise purchased on July 13. Smith Auto credited accounts receivable for that amount.
July 22	The company purchased a building for $56,000 by issuing a note payable.
July 26	The company paid salaries of $6,200 with cash.

1. Journalize its transactions that should be recorded in the general journal. 2. Identify the journal where each of the following transactions should be recorded.

Journal entry worksheet