#2 Points possible:38. Total attempts: 0 ABC Company uses the following journals in it's accounting system: Sales Journal, Purchase Journal, Cash Receipts Journal I, Cash Disbursements Journal, and General Journal. Hint: Make sure to record the transactions in chronological (or date) order in the special journals. Use the Sales Journal and Cash Receipts Journal below to record the following transactions for January. (Round all calculations to the nearest whole dollar.) Jan 1 ABC Company sold stock to investors for $50,000 cash. Jan 10 ABC Company sold merchandise to Jolt LTD for $4,000 terms 2/15,n/30. The goods cost ABC Company $2,000. Jan 17 $3,950. ABC Company sold merchandise to Celtic, Inc. for S6,740 with terms 2 / 10, n/30. The goods cost ABC Company ABC Company sold merchandise to JKL Company for $2,700 with terms 2/10, n/30. The goods cost ABC Company $800. ABC Company received full payment in the amount of $3,920 from the January 10th sale to Jolt LTD (less Jan 21 Jan 25 Jan 28 ABC Company sold $4,900 of merchandise to BeBe LLC for cash. The goods cost ABC Company $2,150. ABC Company borrowed $10,000 from The City Bank by signing a note. Sales Journal Debit-A/R Debit-COGS Credit-Sales Credit-Inventory DateAccounts/Customers Debited Totals Cash Recelpts Journal cocsOther Cash Discount (Debit) (Debit) A/R Sales COGS (Credit) (Credit) Credit. Accounts (Credit) Date Accounts Credited Inventory Totals