Transactions - X For each transaction listed, identify the recording error and indicate the journal that should have bee (Click the icon to view the transactions.) Recording error/Correct journal Recording Purchases journal b. C Transaction a Henry Associates paid $490 on account for an earlier purchase of merchandise inventory b. Recorded depreciation expense for the month. Collected interest revenue. d. Sold merchandise inventory on account. e Issued check no. 535 for purchase of merchandise inventory f. Returned damaged inventory that was purchased on account g. Sold merchandise inventory for cash Adjusting entries are recorded in the general journal. Cash payments (by check or currency) are recorded in the cash payments journal Cash sales are recorded in the cash receipts journal. Correct as recorded Debit memos are recorded in the general journal. Sales on account are recorded in the sales journal. C Cash payments journal Cash receipts journal Cash receipts journal Purchases journal e. f Purchases journal Sales journal 9. Print Done Choose from any drop-down list and then continue to the next question. 4:09 PM 8/3/2020 EH For each transaction listed, identify the recording error and indicate the journal that should have been used. i (Click the icon to view the transactions.) i Transactions Recording error/Correct journal a. b. a. C d. e. Transaction Henry Associates paid $490 on account for a of merchandise inventory. b. Recorded depreciation expense for the month C. Collected interest revenue. d. Sold merchandise inventory on account. Issued check no. 535 for purchase of merchar f. Returned damaged inventory that was purchas g. Sold merchandise inventory for cash. f. g e. Print Choose from any drop-down list and then continue to the next