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Use the following abbreviations to indicate the journal in which you would record transactions a through n. J = General journal S= Sales journal CR

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Use the following abbreviations to indicate the journal in which you would record transactions a through n. J = General journal S= Sales journal CR = Cash receipts journal P = Purchases journal CP = Cash payments joumal Journal a. Transaction Cash purchase of merchandise inventory b. Collection of dividend revenue earned on an investment c. Prepayment of insurance d Borrowing money on a long-term note payable Purchase of equipment on account Choose from any drop-down list and then continue to the next question Use the following abbreviations to indicate the journal in which you would record transactions a through n. J = General journal S = Sales journal CR = Cash receipts journal P = Purchases journal CP = Cash payments journal f. Cost of goods sold along with a credit sale g. Cash sale of merchandise inventory h. Payment of rent i. Depreciation of computer equipment 1 Purchase of merchandise inventory on account k Collection of accounts receivable 1. Expiration of prepaid insurance Choose from any drop-down list and then continue to the next question Use the following abbreviations to indicate the journal in which you would record transactions a through n. J = General journal S = Sales journal CR = Cash receipts journal P = Purchases journal CP = Cash payments journal h. Payment of rent i. Depreciation of computer equipment i. Purchase of merchandise inventory on account k Collection of accounts receivable 1. Expiration of prepaid insurance m. Sale on account n. Payment on account Choose from any drop-down list and then continue to the next

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