journalize the entries to record the transactions of Amsterdam supply co.
Instructions The following selected transactions were completed by Amsterdam Supply Co, which sells office supplies primarily to wholesalers and occasionally to retail customers used by its customers Record on page 10 of the joumat Mar 2 3 Sold merchandise on account to Equinox Co., $18,900, torms FOB destination. 1/10, 1/30. The cost of the goods sold was 13,300 Sold merchandise for $11,350 plus sales tax to retail cash customers. The cost of the model was $7000 Sold merchandise on account to Empire Co., $55,400, torms FOB shining point. Veom. The cost of the goods sold was $33.200 4 Sold merchandise for $30,000 plus 6% sales tax to retall customers who used MasterCard. The cost of Mar 3 4 2 Sold merchandise on account to Equinox Co., $18,900, terms FOB destination, 1/10, n/30. The cost of the goods sold was $13,300. Sold merchandise for $11,350 plus 6% sales tax to retail cash customers. The cost of the goods sold was $7,000 Sold merchandise on account to Empire Co., $55.400, terms FOB shpoing.noint, neom. The cost of the goods sold was $33,200. 5 Sold merchandise for $30,000 plus 6% sales tax to retail customers who used MasterCard. The cost of the goods sold was $19,400 12 Received check for amount due trom Equinox Co for sale on March 2. 14 Sold merchandise to customers who used American Express cards, $13,700. The cost of the goods sold was $8,350 16 Sold merchandise on account to Targhee Co., $27,500, terms FOB shipping point, 1/10, 1/30. The cost structions 16 Sold merchandise on account to Targhee Co. $27,500, terms FOB shipping point, 1/10, n/30. The cost of the goods sold was $16,000. Issued credit memo for $4,800 to Targhee Co. for merchandise returned from sale on March 16. The cost of the merchandise returned was $2,900. 18 Record on page 11 of the journal Mar. 19 Sold merchandise on account to Vista Co. $8,250, torms FOB shipping point, 2/10, 1/30. Added 575 to the invoice for prepaid freight. The cost of the goods sold was $5,000 26 Received check for amount due from Targhee Co. for sale on March 16 less credit memo of March 18. 28 Received check for amount due from Vista Co. for sale of March 19. Received check for amount due from Empire Co. for sale of March 4. 31 26 28 31 31 Received check for amount due from Targhee Co for sale on March 16 less credit memo of March 18. Received check for amount due from Vista Co. for sale of March 19. Received check for amount due from Empire Co for sale of March 4 Pald Fleetwood Delivery Service $5,600 for merchandise delivered during March to customers under shipping torms of FOB destination Paid City Bank $940 for service fees for handling MasterCard and American Express sales during March Paid $6,544 to state sales tax division for taxes owed on sales Apr 3
