A Company Entered into the Following Transactions

question 117

Short Answer

A company entered into the following transactions. For each transaction, indicate the appropriate journal in which it should be recorded.
a. Sales Journal
b. Purchases Journal
c. Cash Receipts Journal
d. Cash Disbursements Journal
e. General Journal
_____ 1. Purchased merchandise on credit.
_____ 2. Sold merchandise on credit.
3. Purchased merchandise for cash.
_____ 4. Sold merchandise for cash.
_____ 5. Paid cash to settle the utility bill.
_____ 6. Owner invested more cash in the business.
_____ 7. Recorded depreciation for the period.
_____ 8. Borrowed cash from the bank.
9. Bought office supplies on credit.
10. Received cash from a customer to settle an account receivable.

---

Definitions:

Urinary Catheter

A tube inserted into the bladder to provide a passage for urine to exit the body, often used when individuals are unable to urinate naturally.

Sediment

Particles that settle at the bottom of a liquid or are transported by fluid movements, commonly found in natural and industrial processes.

Blood Clots

Masses that result from the coagulation of blood, often obstructing blood flow in the circulatory system.

Spinal Cord Injury

Damage to the spinal cord that results in a loss of function, such as mobility or sensation.