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Gomez Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and...

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Accounting

image Gomez Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the purchases journal. July 1 Purchased $22,500 of merchandise on credit from Hector Company, terms n/15. July 4 Sold merchandise costing $1,120 to C. Paul for $1,230 cash. July 8 Purchased $740 of office supplies from Zhang Company on credit, terms n/30. July 15 Paid Hector $22,500 cash for the merchandise purchased on July 1. July 21 Purchased $1,125 of store supplies on credit from staples, terms n/30. July 22 Sold merchandise costing $2,800 to MicroTran for $3,300 on credit, terms n/30. July 23 Purchased office supplies from Depot for $385 cash. July 25 Purchased $6,200 of merchandise on credit from Alfredo Company, terms n/30. July 27 Paid employee salaries of $2,450 in cash

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