13 Assume that a hospitality operation uses a perpetual inventory system. Journalize the following transactions on a two-column journal. a. Liquor sales for the day total $525, $400 of which was paid in cash with the balance charged to guests' open accounts. b. A storeroom purchase of liquor totaling $725 is charged by the operation to an open account. c. A direct purchase of liquor totaling $67 is made. Check number 978 is issued upon purchase. d. Issues from the liquor storeroom for the month total $1,525. Problem 14 Assume the hospitality operation instead uses a periodic inventory system. Journalize the following transactions on a two-column journal. a. Liquor sales for the day total $525, $400 of which was paid in cash with the balance charged to guests' open accounts. b. A storeroom purchase of liquor totaling $725 is charged by the operation to an open account. c. A direct purchase of liquor totaling $67 is made. Check number 978 is issued upon purchase. Problem 15