Question: Reply... Moving to another question will save this response. Question 10 Golden Co. uses special journals for sales, purchases, cash receipts, cash payments, and uses

Reply... Moving to another question will save this response. Question 10 Golden Co. uses special journals for sales, purchases, cash receipts, cash payments, and uses a general journal. Match each transaction with the journals that need to be recorded in. Purchased machine on credit from Manama Co. for $8,200, terms 2/10, n/60. Purchased merchandise for $3,500 cash from Muharraq Co. Returned defective merchandise with a cost of $500 to Muharraq from the last month purchase. A. Cash payments Journal B. Sales Journal C. General journal Sold merchandise on credit for $6,500 to Peter Corp., Invoice No. 750. The cost of the D. Purchase Journal good sold is $2,850. Paid $10,000 cash for monthly salaries to the employees, Check No. 415 Borrowed $100,000 from Bank of Bahrain and Kuwait on a long-term note payable. Collected $4,500 from Peter Corp. for merchandise sold in the last two months. Purchased $35,000 of merchandise inventory on credit from the Golden Company. terms 3/10, n/60. Invoice No. 420 E. Cash receipts Journal Moving to another question will save this response

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