Identify all the journals in which the following accounts would be debited or credited. Use P for

Question:

Identify all the journals in which the following accounts would be debited or credited. Use P for purchases journal, S for sales journal, CP for cash payments journal, CR for cash receipts journal, and G for general journal. Some accounts may be used in more than one journal. Assume a perpetual inventory system.
1. Cost of goods sold ___________
2. ___________
3. Amortization expense ___________
4. Cash ___________
5. ___________
6. Sales revenue ___________
7. Sales returns and allowances ___________
8. Inventory ___________
Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...