Medical Supply Company uses a cash receipts journal, a cash payments journal, a sales journal, a purchases journal, and a general journal.
Which journal should be used to record each of the following transactions?
A. Payment of Property Taxes
Cash Payment Journal
B. Purchase of Office Equipment on Credit
General journal
C. Sale of Merchandise on Credit
Sales Journal
D. Sale of Merchandise for Cash
Cash Receipts Journal
E. Cash refund to a customer who returned Merchandise
Cash Payment Journal
F. Return of Merchandise to a supplier
General journal
G. Adjusting entry to record depreciation
General journal
H. Purchase of a delivery truck for cash
Cash Payment Journal
I. Purchase of merchandise on credit
Purchases journal.
J. Return of merchandise by a customer company for credit to its account
General journal
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