| Term 
 
        | Purchased store equipment on account. Indicate which journal the transaction would be recorded.
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        | Term 
 
        | Received a check for merchandise sold on account. Indicate which journal the transaction would be recorded.
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        | Term 
 
        | Issued a debit memo for the return of merchandise purchased on account. Indicate which journal the transaction would be recorded.
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        | Term 
 
        | Sold merchandise on account. Indicate which journal the transaction would be recorded.
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        | Term 
 
        | Recorded cash sales for the week. Indicate which journal the transaction would be recorded.
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        | Discovered that a payment made by Port Co., a charge customer, was incorrectly credited to Porter Co. Indicate which journal the transaction would be recorded.
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        | Term 
 
        | Paid the monthly electric bill. |  | Definition 
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