Smith Auto uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. July 3 The coopany purchased $4,400 of merchandise on credit fron Advanced Parts, teras n/60. July 6 The conpany sold $1,250 of nerchandise for cash (cost is $1,100 ) to 0 'Reily. July 7 The onner, A. Snith, contributed equipment worth $7,600 to the conpany. Juty 9 The company sold $1,4e0 of used equipment (noninventory) on credit to Junk Yard, terss n/30. July 13 The company sold $5, 800 of merchandise (cost is $5,400 ) on credit to 3 . Bell, terns n/30. July 15 The company granted. J. Bell an allowance (price reduction) of $760 for merchandise purchased on Juty 13 . 5mith Auto credited accounts receivable for that anount. July 22 The coopany purchased a bullding for $46, eee by issuing a note payable. July 26 The company paid salaries of $5, 7 ee with cash. 1. Journalize its transactions that should be recorded in the general joumal. 2. Identify the journat where each of the following transactions should be recorded. Complete this question by entering your answers in the tabs below. Journalize its transactions that should be recorded in the general journal. Journalize its transactions that should be recorded in the general journal. Note: if the transaction is not recarded in the general joumal, select "Not recorded in generel journal" in the first account field. Journal entry worksheet The company purchosed $4,400 of merchandise on credit from Advanced Parts, terms n/60. Smith Auto uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. July 3 The coopany purchased $4,400 of merchandise on credit fron Advanced Parts, teras n/60. July 6 The conpany sold $1,250 of nerchandise for cash (cost is $1,100 ) to 0 'Reily. July 7 The onner, A. Snith, contributed equipment worth $7,600 to the conpany. Juty 9 The company sold $1,4e0 of used equipment (noninventory) on credit to Junk Yard, terss n/30. July 13 The company sold $5, 800 of merchandise (cost is $5,400 ) on credit to 3 . Bell, terns n/30. July 15 The company granted. J. Bell an allowance (price reduction) of $760 for merchandise purchased on Juty 13 . 5mith Auto credited accounts receivable for that anount. July 22 The coopany purchased a bullding for $46, eee by issuing a note payable. July 26 The company paid salaries of $5, 7 ee with cash. 1. Journalize its transactions that should be recorded in the general joumal. 2. Identify the journat where each of the following transactions should be recorded. Complete this question by entering your answers in the tabs below. Journalize its transactions that should be recorded in the general journal. Journalize its transactions that should be recorded in the general journal. Note: if the transaction is not recarded in the general joumal, select "Not recorded in generel journal" in the first account field. Journal entry worksheet The company purchosed $4,400 of merchandise on credit from Advanced Parts, terms n/60