A Company Entered into the Following Transactions

question 56

Essay

A company entered into the following transactions.For each transaction,indicate the appropriate journal in which it would be recorded.
$$\begin{array}{|l|l|}\hline\text{\quad\quad\quad\quad\quad\quad\quad\quad\quad Transaction }&\text{Record in \underline{ \quad} Journal}\\\hline\text{ 1. Borrowed cash from the bank. }\\\hline\text{ 2. Purchased merchandise for cash. }\\\hline\text{ 3. Paid cash to settle the utility bill. }\\\hline\text{ 4. Customer sent in cash to settle an account receivable. }\\\hline\text{ 5. Purchased merchandise on credit. }\\\hline\text{ 6. Recorded depreciation for the period. }\\\hline\text{ 7. Sold merchandise on credit. }\\\hline\text{ 8. Sold merchandise for cash. }\\\hline\text{ 9. Bought store supplies for cash. }\\\hline\text{ 10. Owner invested more cash in the business. }\\\hline\end{array}$$

---

Definitions:

RLC Parallel Circuit

An RLC parallel circuit is an electrical circuit composed of resistors (R), inductors (L), and capacitors (C) connected in parallel, each affecting the circuit's overall impedance and resonance.

Applied Voltage

The voltage that is externally applied to an electrical circuit or device, driving the current through it.

Circuit Impedance

The total current-limiting property of an AC circuit.

RLC Parallel Circuit

A circuit consisting of a resistor (R), inductor (L), and capacitor (C) all connected in parallel.