Smith Auto uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. July 3 The company purchased $3,300 of merchandise on credit from Advanced Parts, terms n/60. The company sold $ 700 of merchandise (cost is $550) for cash to O'Reily. The owner, A. Smith, contributed equipment worth $5,400 to the company. The company sold $850 of used equipment (noninventory) on credit to Junk Yard, terms n/30. The company sold $3,600 of merchandise (cost is $3,200) on credit to J. Bell, terms n/30. The company granted J. Bell an allowance (price reduction) of $540 for 15 merchandise purchased on July 13. Smith Auto credited accounts receivable for that amount. The company purchased a building for $24,000 by issuing a note payable. 26 The company paid salaries of $4,600 with cash. Journalize its transactions that should be recorded in the general journal. (If the transaction is not recorded in the general journal, select "Not recorded in general journal" in the first account field.) Identify the journal where each of the following transactions should be recorded