Question: PART IV -- SPECIAL JOURNALS (8 points) Instructions: Indicate in which journal the transactions given below would be recorded by placing the appropriate journal abbreviation

PART IV -- SPECIAL JOURNALS (8 points) Instructions: Indicate in which journal the transactions given below would be recorded by placing the appropriate journal abbreviation in the space provided. Abbreviation Journal General Journal CR Cash Receipts Joumal Sales Journal CP Cash Payments Journal P Purchases Journal (One column) 1. Received cash on account from customer. 2. Customer returned merchandise sold on account. 3. Sold merchandise to customer on account. 4. Owner withdrew cash for personal use. 5. Paid shipping charges on merchandise purchased on account. 6. Purchased office equipment on account. 7. Purchased merchandise for resale on account. 8. Recorded adjusting entries

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