Ledger Excel How The following selected transac- tions were completed by Amsterdam Supply Co., which sells office sup- plies primarily to wholesalers and occasionally to retail customers Sold merchandise on account to Equinox Co., $18,9oo, terms FOB destination, 1/ho, n/30. The cost of the merchandise sold was $13,3oo. Mar 2. Sold merchandise for $11,35o plus 6% sales tax to retail cash customers. The cost of mer chandise sold was $7,000. Sold merchandise on account to Empire Co., $55,40o, terms 3. 4. FOB shipping point, n/eom. The cost of merchandise sold was $33,200. Sold merchandise for $30,00o plus 6% sales tax to retail cus 5 tomers who used MasterCard The cost of merchandise sold was $19,4oo. Received check for amount due 20 minutes-49 pages left