I. TOPIC: ACCOUNTING BOOKS-Journal and Ledgers III. Direction: A. Classify the transactions in the box to the appropriate journal where it will be recorded. Cash sales Payments for merchandise...

A. Classify the transactions in the box to the appropriate journal where it will be recorded. (Please refer to the picture.)

Extracted text: I. TOPIC: ACCOUNTING BOOKS-Journal and Ledgers III. Direction: A. Classify the transactions in the box to the appropriate journal where it will be recorded. Cash sales Payments for merchandise purchased on account Collection from receivable Deliveries made to customers on account Payment of utilities Puurchases made on account lrntterest income received limiterest expense paid Cash dirawings of owners Payment for requisition of equipment Depreciation expense Amortization expense Cash contrïbutions from owners Principal payments for bank loans Accrual of unpaid utility bills Accrual of unpaid salaries SALES JOURNAL PURCHASES JOURNAL CASH RECEIPT JOURNAL CASH DISBURSEMENT JOURNA SALES JOURNAL