Instructions The following selected transactions were completed by Amsterdam Supply Co., which sells office supplies primarily to wholesalers and occasionally to retail customers. Amsterdam Supply uses the net method under a perpetual inventory system. Also note that the company uses a clearing house to take care of all bank as well as non- bank credit cards used by its customers. Record on page 10 of the journal Mar 2 Sold merchandise on account to Equinox Co. $19,200, terms EQB destination. 1/10, n/30. The cost of the goods sold was $13,960. 3 I Sold merchandise for $12,150 plus 6% sales tax to retail cash customers. The cost of the goods sold was $6,840. 4 Sold merchandise on account to Empire Co. $57,310, terms EOB shipping point, neom. The cost of the goods sold was $31.970. 5 Sold merchandise for $28,950 plus 6% sales tax to retail customers who used MasterCard. The cost of the goods sold was $19,460. 12 Received check for amount due from Equinox Co for sale on March 2 14 16 18 Sold merchandise to customers who used American Express cards. $14,800. The cost of the goods sold was $8,010 Sold merchandise on account to Targhee Co., $29,800, terms FOB shipping point, 1/10, n/30. The cost of the goods sold was $14,480. Issued great memo for $4,800 to Targhee Co. for merchandise returned from sale on March 16 The cost of the merchandise returned was $2,860. Record on page 11 of the journal