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Copper Corporation Had the Following Transactions Journalize the Above Transactions That Should Be Recorded in the |

Question 130

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Copper Corporation had the following transactions:
 Mar. 3 Sold merchandise inventory on account to L. Navarro, issuing invoice no. 501 for $1,100( cost, $890).22 Purchased merchandise inventory on credit terms of 3/10,n/30 from Circus Co., $800.27 Returned damaged merchandise inventory to Circus Co., issuing a debit memo for $800.31 Recorded March depreciation of $2,400.\begin{array} { | l | l | } \hline \text { Mar. } 3 & \begin{array} { l } \text { Sold merchandise inventory on account to L. Navarro, issuing invoice no. } 501 \text { for } \$ 1,100 \\( \text { cost, } \$ 890 ) .\end{array} \\\hline 22 & \text { Purchased merchandise inventory on credit terms of } 3 / 10 , n / 30 \text { from Circus Co., } \$ 800 . \\\hline 27 & \text { Returned damaged merchandise inventory to Circus Co., issuing a debit memo for } \$ 800 . \\31 & \text { Recorded March depreciation of } \$ 2,400 . \\\hline\end{array} Journalize the above transactions that should be recorded in the general journal. If a transaction should not be recorded in the general journal, identify the special journal that should be used. Assume the company uses the perpetual inventory system.

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General Journal
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