Chart of Accounts-Sather Co. Chart of Accounts-Boone Co. Instructions On March 1, Sather Co. sold merchandise to Boone Co. on account, S29,800, terms 2/15, 1/30. The cost of the merchandise sold is $18,300. The merchandise was paid for on March 14. Assume all discounts are taken Required: Journalize the entries for Sather Co. and Boone Co for the sale, purchase, and payment of amount due. Refer to the appropriate company's Chart of Accounts for exact wording of account titles Journal Sather Co. alize the entries for Sather Co. for the sale on March 1 and payment or the amount due on March 14. Refer to the appropriate company's Chart of Accounts for exact ng of account titles PAGE 10 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF DEBIT CREDIT ASSETS LIABILITIES EQUITY Journal-Boone Co Journalize the entries for Boone Co. for the purchase on March 1 and payment of the amount due on March 14. Refer to the appropriate company's Chart of Accounts exact wording of account titles PAGE JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF DEBIT CREDIT ASSETS LIABILITIES EQU 2 CHART OF ACCOUNTS Sather Co. General Ledger ASSETS REVENUE 110 Cash 410 Sales 121 Accounts Receivable-Boone Co. 610 Rent Revenue 125 Notes Receivable 130 Merchandise Inventory EXPENSES 140 Office Supplies 501 Cost of Merchandise Sold 141 Store Supplies 142 Prepaid Insurance 521 Delivery Expense 522 Advertising Expense 524 Depreciation Expense-Store Equipment 180 Land 192 Store Equipment 193 Accumulated Depreciation-Store Equipment 194 Office Equipment 195 Accumulated Depreciation Office Equipment 525 Depreciation Expense-Office Equipment 531 Rent Expense 533 Insurance Expense 534 Store Supplies Expense 535 Office Supplies Expense 536 Credit Card Expense LIABILITIES 210 Accounts Payable 539 Miscellaneous Expense 219 Cala Tay Paula 710 Internet Fransa CHART OF ACCOUNTS Boone Co. General Ledger ASSETS REVENUE 110 Cash 410 Sales 120 Accounts Receivable 610 Rent Revenue 125 Notes Receivable EXPENSES 501 Cost of Merchandise Sold 130 Merchandise Inventory 140 Office Supplies 141 Store Supplies 142 Prepaid Insurance 521 Delivery Expense 522 Advertising Expense 524 Depreciation Expense-Store Equipment 525 Depreciation Expense-Office Equipment 180 Land 531 Rent Expense 192 Store Equipment 193 Accumulated Depreciation-Store Equipment 194 Office Equipment 195 Accumulated Depreciation Office Equipment 533 Insurance Expense 534 Store Supplies Expense 535 Office Supplies Expense 536 Credit Card Expense LIABILITIES 211 Accounts Payable-Sather Co 539 Miscellaneous Expense