Response to the following problem:
During April, St. Regis Sales Company completed these credit purchase transactions:
April 5 Purchased supplies, $555, from Sudan, Inc.
11 Purchased inventory, $1,200 from Greenbrier Corp. St. Regis uses a perpetual inventory system.
19 Purchased equipment, $14,300, from Saturn Co.
22 Purchased inventory, $2,210, from Milan, Inc.
Record these transactions first in the general journal-with explanations-and then in the purchases journal. Omit credit terms and posting references. Which procedure for recording transactions is quicker? Why?