The Borinquen Company uses the following days. Indicate in which of them each of the transactions that are presented is recorded, assigning it the corresponding letter of the day. A. Shopping Day (Purchase Journal) B. General Journal (General Journal) C. Sales Journal (Sales Journal) D. Cash Receipts Journal (Cash Receipts Journal) E. Cash Disbursements Journal (Cash Disbursements Journal) Example: D Cash merchandise is sold 4. The owner invests $10,000 in the business. Merchandise valued at $8,500 is purchased on credit. A debt of $4,000 that was owed to a merchandise supplier is paid. Merchandise is sold on credit for $3,000. 5. 6. 7. The adjustment entry for the depreciation of the period is noted. 8. The owner withdraws $2,000 in cash. A cash computer valued at $1,000 is purchased for use in the business. 10. Salaries were paid to employees for $14,000 for the last week of the accounting period. 11. Merchandise originally purchased on credit is returned. 12. A motor vehicle that is not being used is sold in cash for $20,000