On a sheet of notebook paper, draw a Purchases Journal like the one that appears in Exhibit 7.12 and journalize the following March 2014 transactions for Suttleton Company.
Mar. 2 Purchased $4,800 of merchandise from Tex Company; terms 3/10, n/20.
12 $14,000 of merchandise was purchased from Littleton; terms 2/15, n/30.
13 Worsley Company sold Suttleton $9,400 of office furniture; terms 2/15, n/45.