Moore Corporation is a major distributor of office supplies. All sales are on terms 1/10, n/15. During March, the following selected transactions occurred. For each transaction, identify into which special journal it should be journalized. Also indicate which sub ledger(s) is (are) affected. Use the list of codes to label your answers. Moore Corporation uses a perpetual inventory system.

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Special Journals Subledgers AR AP MI NE Sales Cash Receipts. Cash Disbursements General lournal Accounts Payable.. Merchandise Inventory. No Effect.. Special Journal Date Transaction Subledger(s) Mar. 1 Sold merchandise on credit. 2 Defective merchandise sold on March 1 was returned by the customer. It was scrapped 3 Purchased office equipment on credit terms n/30. March 1 sale supplier regarding defective equipment 5 Rcived payment regarding the 10 Received a credit memorandum from the purchased on March3 14 Sold merchandise for cash. 16 Purchased merchandise inventory on credit; terms 1/5, n/30. March 3 transaction. for cash. 17 Paid the balance owing on the 18 Purchased merchandise inventory 21 Paid for the merchandise purchased on March 16. 22 Sold old equipment for cash. 30 Paid salaries for the month of March 30 Accrued utilities for the month of March. 30 Closed the credit balance in the Income Summary to Capital