FMGE 11 \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{6}{|c|}{ JOURHAL } & \multicolumn{3}{|c|}{ ACCOUNTING EQUATION } \\ \hline & DATE & DESCRIPTIOW & POST. REF. & DEEIT & CFEDIT & ASSETS & ABILITES & EQUTY \\ \hline 1 & & & & & & & & \\ \hline 2 & & & & & & & & \\ \hline 3 & & & & & & & & \\ \hline 4 & & & & & & & & \\ \hline 5 & & & & & & & & \\ \hline K & & & & & & & & \\ \hline \end{tabular} heck My Work Journalize the entries to rocord the tray. Show Me How Gonoral Journal Mrstructions PAGE 10 \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{6}{|c|}{ JOURNAL } & \multicolumn{3}{|c|}{ ACCOUNTING EQUATION } \\ \hline & DATE & DESCFIPTION & POST. REF. & DEBIT & CFEDIT & ASSETS & UABILITES & EQUTY \\ \hline 1 & & & & & & & & \\ \hline 2 & & & & & & & & \\ \hline 3 & & & & & & & & \\ \hline 4 & & & & & & & & \\ \hline 5 & & & & & & & & \\ \hline 6 & & & & & & & & \\ \hline 7 & & & & & & & & \\ \hline 3 & & & & & & & & \\ \hline 9 & & & & & & & & \\ \hline 10 & & & & & & & & \\ \hline 11 & & & & & & & & \\ \hline 12 & & & & & & & & \\ \hline 13 & & & & & & & & \\ \hline 14 & & & & & & & & \\ \hline 15 & & & & & & & & \\ \hline 16 & & & & & & & & \\ \hline 17 & & & & & & & & \\ \hline 18 & & & & & & & & \\ \hline 19 & & & & & & & & \\ \hline 30 & & & & & & & & \\ \hline \end{tabular} heck My Work Record on page 11 of the journal Mar. 19 Sold merchandise on account to Vista Co., $8,300, terms FOB shipping point, nveom. Added $75 to the invoice for prepaid freight. The cost of the goods sold was $5,500. Record the freight as a separate transaction. 31 Received check for amount due from Vista Co. for sale of March 19. 31 Received check for amount due from Empire Co. for sale of March 4. 31 Paid Fleetwood Delivery Service $6,000 for merchandise delivered during March to customers under shipping terms of FOB destination. 31 Paid local newspaper $1,300 for advertising that included point-of-sale coupons for $15 off April purchases of $75 or more. It is estimated that 500 of the coupons wil be redeemed. (Do not create any liability for the estimated coupon redemption at this time.) Apr. 1 Received check for amount due from Equinox Co. for sale on March 2. 3 Paid City Bank $900 for service fees for hand ing MasterCard and American Express sales during March. 15 Paid $6,800 to state sales tax division for taxes owed on sales. 15 Received check for amount due from Targhee Co. for sale on March 16 less credit memo of March 18. 16 Sold merchandise with a list price of $39,000 to customers using MasterCard. Customers redeemed 300 of the point-of-sale, $15-off coupons distributed on March 31 . The cost of the merchandise sold was $18,850. Required: Jownalize the entries to record the transactions of Amsterdam Supply Co. ASSETS 110 Cash 121 Accourts Rocaivable-Empire Ca. 122 Accourts Recaivable-Equinax Ca. 123 Accourts Rocaivable-Targhos Ca. 124 Accourts Recoivable-Vista Co. 125 Notos Recaivable 130 imvariary 131 Estimatod Roturns Imortiary 140 Office Supplies 141 Stare Supplies 142 Propaid hsuranco 190 Land 192 Stare Equipmert: 193 Accumulatod Doprociation-Stare Equipmert 194 Office Equipmert 195 Accumulatod Deprociation-Office Equipmert LIABILTIES 210 Accourts Payabla 216 Salaries Payable 219 Sales Tax Payable 219 Estimatod Coupans Payabla 220 Custamer Refunds Payabla 221 Notos Payabla EQUITY 310 Camman Stack 311 Rotainod Exrings 312 Dividonds REVENUE 410 Sales 610 Intarest Rewarua EXPENSES 510 Cast of Goods Sold 521 Doliwary Exporse 522 Achortising Exponso 524 Dopreciation Exporse-Stare Equipmert 525 Depreciation Experse-Ofice Equipmert 526 Salaries Exporso 531 Rert: Exporse 533 Insurance Exporse 534 Stare Supplies Exparse 535 Office Supplies Experse 535 Crodt Card Exporse 539 Miscollanoous Exporso 710 Imarest Exporse The following selected transactions were completed by Amsterdam Supply Co., which sells office supplies primarily to other businesses and occasionally to retall customers: Record on page 10 of the journal Mar. 2 Sold merchandise on account to Equinox Co., $18,500, terms n/30. The cost of the goods sold was $13,200. 3 Sold merchandise for $11,250 plus 6% sales tax to retall cash customers. The cost of the goods sold was $8,000. 4 Sold merchandise on account to Empire Co., $55,100, terms neom. The cost of the goods sold was $33,100. 5 Sold merchandise for $28,000 to retal customers who used MasterCard. The cost of the goods sold was $19,200. The printed receipts for retall customers included a coupon for $2 off the customer's next purchase. It is estimated that 3,000 of the coupons will be redeemed. Create a compound journal entry for the sale and coupon payable estimate. 14 Sold $17,000 of merchandise to retal customers who used MasterCard and who redeemed 850 of the $2 coupons issued on March 5 . The cost of the goods sold was $10,000. 16 Sold merchandise on account to Targhee Co., $27,500, terms FOB shipping point, nv30. The cost of the goods sold was $14,000. 18 Issued credit memo to Targhee Co. for merchandise with an invoice amount of $5,000 returned from sale on March 16. The cost of the merchandise returned was $2,700