Exercise 7-06 a b (Video) Sunland Company uses special journals and a general journal. The following transactions occurred during September 2020, Sept. 2 Sold merchandise on account to H. Drew, invoice no. 101, 5695, terms n/30. The cost of the merchandise sold was $470. 10 Purchased merchandise on account from A. Pagan $600, terms 2/10, 1/30, 12 Purchased office equipment on account from R. Cairo $6,600, 21 Sold merchandise on account to G. Holliday, invoice no. 102 for $845, terms 2/10, 1/30. The cost of the merchandise sold was $400. 25 Purchased merchandise on account from D. Downs 5910, terms /30. 27 Sold merchandise to S. Miller for $720 cash. The cost of the merchandise sold was $410. dy Prepare a sales journal and record the transactions for September that should be journalized. (Record entries in the order presented in the problem statement.) SUNLAND COMPANY Sales Journal S1 Account Invoice Accounts Receivable Dr. Cost of Goods Sold Dr. Date Debited Ref. Sales Revenue Cr. Inventory Cr. 2020 No. Prepare a single-column purchases journal and record the transactions for September that should be journalized. (Record entries in the order presented in the problem statement.) SUNLAND COMPANY Purchases Journal PI Account Inventory Dr. Credited Terms Rel Accounts Payable Cr. Date 2020 Click if you would like to show Work for this questioni Qen Show Work