2 1) Record the following transactions for D. Ronco's Building Supplies within the appropriate journals. Date Transaction Details 2 Sold tiles to D. Preston on account. Invoice #101. Terms 2/10, n/60. $ 800.00. 5 Cash sale was made for $640.00. 15 Received full payment on the D. Preston account. 16 Purchased nails from M. Ricchetti for $200.00. Invoice #98. Terms 1/10, n,30. 17 18 Sold plywood to C. McWilliams for $ 550.00, invoice # 103. Terms 2/10, n/30. Purchased 4 packs of insulation, costing $200.00 each, from H. Lee Invoice # 457, terms 3/10, n/30. 22 Returned one pack of insulation to H. Lee, as it was the wrong colour. 23 Paid the H. Lee account in full, cheque # 80. 25 Paid the M. Ricchetti account in full, cheque #81. 29 Received full payment on the C. McWilliams account. 30 D. Ronco withdrew $ 600.00 from the business. Check A Remember, you have four special journals to choose from, they are the Sales Journal, the Purchases Journal, the Cash Payments Journal, and the Cash Receipts Journal. You also have one General Journal for anything that doesn't quite fit into the special journals. Choose which journal you will enter each transaction into wisely! *Note: None of the figures presented below already include GST, so don't forget to calculate GST (7%) on ALL sale and purchase amounts. Also, do not forget to count the days between a purchase or sale and its associated payment as you must take purchase and sales discounts into consideration