Alpha Graphics completed in the following transactions during September:

Requirements 

Journalize the preceding transactions on the books of Alpha Graphics.

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Sept. 2 Purchased inventory for cash, $740. 5 Purchased store supplies on credit terms of net com, $600. 8 Purchased inventory of $3,000, plus freight charges of $200. Credit terms are 3/15, n/30. 9 Sold goods for cash, $1,200. Alpha Graphics' cost of these goods was $700. 11 Returned $1,000 of the inventory purchased on September 8. It was damaged. 12 Purchased inventory on credit terms of 3/10, n/30, $3,800. 14 Sold inventory on credit terms of 2/10, n/30, $9,600 (cost $5,000). 16 Paid utilities expense, $275. 20 Received returned inventory from the September 14 sale, $400. Alpha Graphics shipped the wrong goods by mistake. Alpha Graphics' cost of the inventory received was $250. 21 Paid supplier for goods purchased on September 8 less the return (September 11) and the discount. 23 Received $6,860 cash in partial settlement of his account from the customer who purchased inventory on September 14. Granted the customer a 2% discount and credited his account receivable for $7,000. 30 Paid for the store supplies purchased on September 5.