A Company Entered into the Following Transactions

question 13

Short Answer

A company entered into the following transactions. Match each transaction with 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. Borrowed $7,000 cash from the local bank.
_____ 2. A customer returned a $250 item purchased on account.
_____ 3. Purchased merchandise on account, $2,100.
_____ 4. Purchased equipment on account for $4,000.
_____ 5. Paid $15,000 cash in wages to employees.
_____ 6. Paid a telephone bill for $3,400 cash.
_____ 7. Purchased $1,150 of office supplies on account.
_____ 8. Recorded depreciation on office equipment of $2,000.
_____ 9. Returned defective inventory purchased on account, $2,550.
_____ 10. Recorded cash sales of $12,700.

---

Definitions:

1-And 2-Year-Olds

Describes young children in a developmental stage where they experience rapid growth in physical, cognitive, and emotional abilities.

Earliest Memories

The first events or experiences that a person can recall from early childhood.

Dexterity

Skill in performing tasks, especially with the hands, demonstrating fine motor skills and coordination.

Gripping

Refers to holding something tightly or securing an object with force to prevent movement or escape.