(g) Sold merchandise on account. (h) Purchased merchandise on account. (i) Owner withdrew merchandise. G) Collected cash on account. Exercises rning Objective 2 ck Figure l of sales journal $5,335 accounts receivables ledgers Exercise 8-1 Objective: To record credit sales in a sales journal and post to the general and Hamme Company made the following credit sales during June 20X2: 20X2 Jun. 5 Adams Co., $900. 10 Heard, Inc., $500. 12 Brown Co., $525 17 Heard, Inc., $1,060. 19 Brown Co., $1,175. 26 Mallory, Inc., $610. 30 Adams Co., $565 Directions: Starting with Invoice No. 477, record the sales on page 1 of a sales jounma Post to the subsidiary ledger after each entry. Total the sales journal, and post to general ledger at the end of the month. Exercise 8-2 Objective: To record merchandise transactions in general journal form ing Objectives 2, 3 k Figure sh 800 (debit) Purchases ns and Allowance 800 Directions: Record the following transactionc nf mal