Business
Business, 25.12.2021 02:40, jlulu2738

Gomez Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the purchases journal. July 1 Purchased $19,500 of merchandise on credit from Hector Company, terms n/15.
July 4 Sold merchandise costing $820 to C. Paul for $930 cash.
July 8 Purchased $620 of office supplies from Zhang Company on credit, terms n/30.
July 15 Paid Hector $19,500 cash for the merchandise purchased on July 1.
July 21 Purchased $1,035 of store supplies on credit from Staples, terms n/30.
July 22 Sold merchandise costing $2,500 to MicroTran for $3,000 on credit, terms n/30.
July 23 Purchased office supplies from Depot for $355 cash.
July 25 Purchased $5,000 of merchandise on credit from Alfredo Company, terms n/30.
July 27 Paid employee salaries of $2,150 in cash.

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Gomez Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal,...

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