Journal Page 1 has 31 slots

Journal Page 2 has 26 slots

CHART OF ACCOUNTSAmsterdam Supply Co.General Ledger

	ASSETS
110	Cash
121	Accounts Receivable-Empire Co.
122	Accounts Receivable-Equinox Co.
123	Accounts Receivable-Targhee Co.
124	Accounts Receivable-Vista Co.
125	Notes Receivable
130	Inventory
131	Estimated Returns Inventory
140	Office Supplies
141	Store Supplies
142	Prepaid Insurance
180	Land
192	Store Equipment
193	Accumulated Depreciation-Store Equipment
194	Office Equipment
195	Accumulated Depreciation-Office Equipment

	LIABILITIES
210	Accounts Payable
216	Salaries Payable
218	Sales Tax Payable
219	Estimated Coupons Payable
220	Customer Refunds Payable
221	Notes Payable

	EQUITY
310	Common Stock
311	Retained Earnings
312	Dividends

	REVENUE
410	Sales
610	Interest Revenue

	EXPENSES
510	Cost of Goods Sold
521	Delivery Expense
522	Advertising Expense
524	Depreciation Expense-Store Equipment
525	Depreciation Expense-Office Equipment
526	Salaries Expense
531	Rent Expense
533	Insurance Expense
534	Store Supplies Expense
535	Office Supplies Expense
536	Credit Card Expense
539	Miscellaneous Expense
710	Interest Expense

The following selected transactions were completed by Amsterdam Supply Co., which sells office supplies primarily to other businesses and occasionally to retail customers:

Record on page 10 of the journal

Mar.	2	Sold merchandise on account to Equinox Co., $18,800, terms FOB destination, n/30. The cost of the goods sold was $13,100.
	3	Sold merchandise for $11,400 plus 6% sales tax to retail cash customers. The cost of the goods sold was $6,000.
	4	Sold merchandise on account to Empire Co., $55,300, terms FOB shipping point, n/eom. The cost of the goods sold was $33,400.
	5	Sold merchandise for $28,000 to retail customers who used MasterCard. The cost of the goods sold was $19,300. The printed receipts for retail customers included a coupon for $2 off the customers next purchase. It is estimated that 2,000 of the coupons will be redeemed. Create a compound journal entry for the sale and coupon payable estimate.
	14	Sold $18,000 of merchandise to retail customers who used MasterCard and who redeemed 850 of the $2 coupons issued on March 5. The cost of the goods sold was $10,500.
	16	Sold merchandise on account to Targhee Co., $27,500, terms FOB shipping point, n/30. The cost of the goods sold was $16,000.
	18	Issued credit memo to Targhee Co. for merchandise with an invoice amount of $4,700 returned from sale on March 16. The cost of the merchandise returned was $3,000.

Record on page 11 of the journal

Mar.	19	Sold merchandise on account to Vista Co., $8,250, terms FOB shipping point, n/eom. Added $75 to the invoice for prepaid freight. The cost of the goods sold was $5,400. 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 $1,100 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 will 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 $920 for service fees for handling MasterCard and American Express sales during March.
	15	Paid $6,900 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 $40,500 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 $18,750.

Required:

Journalize the entries to record the transactions of Amsterdam Supply Co.