Question: Please answer the following question, Thanks! Instructions: Indicate in which journal the transactions given below would be recorded by placing the appropriate journal abbreviation in

Please answer the following question, Thanks!

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 Journal S Sales Journal CP Cash Payments Journal P Purchases Journal 1. Received cash on account from customer. 2. Customer returned merchandise sold on account. 3. Sold merchandise to customer for cash. 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. 9. Recorded closing entries. 10. Sold merchandise to customer on account

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