Chapter 7 Financial Statement Problems Marx Supply uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Identify the journal in which each of the transactions should be recorded. Date Transaction April 3 Purchased merchandise for $2,950 on credit from Seth, Inc., terms 2/10, n/30. 9 Issued check no. 210 to Kitt Corp, to buy store supplies for $650. 12 Sold merchandise costing $500 to C. Myrs for $770 on credit, terms n/30. 17 Issued check no. 211 for $1,400 to pay off a note payable to City Bank. 20 Purchased merchandise for $4,500 on credit from Lite, terms 2/10, n/30. 28 Issued check no. 212 to Lite to pay the amount due for the purchase of April 20 less the discount of $90. 29 Paid salary of $1,800 to B. Dock by issuing check no. 213. 30 Issued check no. 214 to Seth, Inc., for $2,950 to pay for the April 3 purchase. Journal