D- tahle o-Jarnal Sierra Company completed the following transactions during May of the current year. Sierra Company uses a perpetual inventory system. May 7. See vadbec2aJ U Purchased 50 units on account from American Co., $105 per unit, terms FOB destination, 2/10,n/30 Purchased 70 units from Yuba Co., $112 per unit, terms FOB destination, 2/10, n/30. Sold 60 units on account to Folsom Co., sell price $200 per unit, terms 2/10, 1/30. Purchased office supplies for cash, $150. Paid American Co. for purchase of May 1. Purchased 50 units at price of $115 per unit from Woodland Supply for cash. Paid employees for 2 weeks of work total was $2500 Received payment from Folsom Co. Purchased 45 units at price of $100 per unit from Lassen Co. Terms 2/10 n EOM Sold 70 units on account to Elk Grove Co for $200 per unit terms 2/10 n/30. Sold 75 units on account to Truckee Co, for $300 per unit terms 2/10 n/30. Provided an allowance to Truckee for $200 Received Payment from Elk Grove Co Received Payment from Truckee Co Paid Lassen Co. 107 119