ViewPoint Consulting Company makes most of its sales and purchases on credit. It uses the five journals described in this chapter (revenue, cash receipts, purchases, cash payments, and general journals). Identify the journal most likely used in recording the postings for selected transactions indicated by letter in the T accounts on the followingpage:

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Cash a. 10,940 6,0 Accounts Recelvable Prepald Rent 1,200 C. 11,790 a. 10,940 b. 6,500 |d. 7,400 11,790 2. Accounts Payable Ofnce Supplies 7,400 Fees Earned C. Rent Expense e 1,200