Gates Company maintains four special journals and a general journal to record its transactions. Using the code below, indicate in the space provided the appropriate journal for recording the transactions listed. 
1. Stockholders invested cash in the business.
2. Purchased store supplies on account.
3. Sold merchandise to customer on account.
4. Purchased a 2-year fire insurance policy for cash.
5. Received a check from a customer as payment on account.
6. Paid for store supplies purchased in transaction 2.
7. Purchased merchandise on account.
8. Issued a credit memorandum to a customer who returned defective merchandise previously sold on account.
9. Purchased office equipment for cash.
10. Made an adjusting entry for store supplies used during the period.
Definitions:
Annually
Occurring once every year or relating to a period of one complete year.
Interest
The cost of borrowing money, represented as a percentage of the total amount loaned.
Scholarships
Financial support awarded to students based on a variety of criteria, such as academic achievement or financial need, to help cover education-related expenses.
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