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A company uses the Sales Journal, Purchases Journal, Cash Receipts Journal, Cash Disbursements Journal, and the General Journal to record transactions throughout the accounting period.

Choose the appropriate journal for each transaction listed below.

The company borrowed $25,000 from a bank.
The company paid $450 for advertising in the current month.
The company sold $1,850 of products to one of it's customers on account.
The company purchased $4,875 worth of merchandise on account.
The company paid it's employees $1,750 for wages earned.
The company recorded cash sales of $1,252.
The company received $655 as payment on a customer's account.
The company recorded $10,340 of depreciation on equipment.

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