3 10 Wong Company, a sole proprietorship owned by V. Wong, reports under ASPE.It uses special journals and a general journal. The company uses a periodic inventory system and had the following transactions: Sept. 2 Sold merchandise on account to T. Lu. $2,040, invoice #321, terms n/30. The cost of the merchandise sold was $1,320. Purchased supplies on account from Berko Co. $175. Purchased merchandise on account from Leonard Co. $820. FOB shipping point, terms /30. 11 Paid freight of $90 to A&F Shippers. 11 Returned unsatisfactory merchandise to Leonard Co., $160, for credit on account 12 Purchased equipment on account from Wells Co. $8,900. 16 Sold merchandise for cash to L. Maille for $920. The cost of the merchandise sold was $580. 18 Purchased merchandise for cash from Leonard Co. $570, FOB destination Accepted returned merchandise from customer L. Maille, $920 (see Sept. 16 transaction). Gave full cash refund. 20 Restored the merchandise to inventory 24 Paid the correct amount owing for the merchandise purchased from Leonard earlier in the month 25 Received payment from T. Lu for Sept. 2 sale. 26 Sold merchandise on account to M. Gafney, $940, invoice #322, terms n/30, FOB destination. The cost of the merchandise was $560. The appropriate party paid $50 to Freight Co. for shipping charges. 30 Paid September salaries. $2,720. 30 Withdrew cash for owner's personal use. $1,000. 30 Paid for supplies purchased on September 3. Record the transaction(s) that should be recorded in the cash receipts journal. (Post entries in the order presented in the statement.) WONG COMPANY Cash Receipts Journal Cash Dr. Date Account Credited Ref. Accounts Receivable Cr. e Textbook and Media List of Accounts Cecord the transaction(s) that should be recorded in the cash receipts journal. (Post entries in the order presented in the problem tatement.) WONG COMPANY Cash Receipts Journal Cash Dr. CR1 Accounts Receivable Cr. Sales Cr. Other Accounts Cr. e Textbook and Media Record the transaction(s) that should be recorded in the cash payments journal. (Post entries in the order presented in the problem statement.) WONG COMPANY Cash Payments Journal Purchases Dr. Date Payee Cash Cr. Accounts Payab Record the transaction(s) that should be recorded in the cash payments journal. (Post entries in the order presented in the problem statement.) WONG COMPANY Cash Payments Journal Purchases Dr. CP1 Accounts Payable Dr. Other Accounts Account Debited Amount Record the transaction(s) that should be recorded in the general journal. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Sept. 11 20