Mar 2 3 4 5 Sold merchandise on account to Equinox Co., $19,700, terms FOB destination, 1/10, 1/30. The cost of the goods sold was $12,530. Sold merchandise for 512,500 plus 6% sales tax to retail cash customers. The cost of the goods sold was $8.410 Sold merchandise on account to Empire Co., $56,450, terms FOB shipping.Point, Neom. The cost of the goods sold was 535,550. Sold merchandise for $29.450 plus 6% sales tax to retail customers who used MasterCard. The cost of the goods sold was $19,470. Received check for amount due from Equinox Co. for sale on March 2. Sold merchandise to customers who used American Express cards. 512.940. The cost of the goods sold was 57,830 Sold merchandise on account to Targhee Co., 529,200, terms FOB shipping point, 1/10, 1/30. The cost of the goods sold was $14,550. Issued credit memo for $4.800 to Targhee Co. for merchandise returned from sale on March 16. The cost of the merchandise returned was $2,830. 12 14 16 18 don page 11 of the journal Mar 19 28 28 Sold merchandise on account to Vista Co 58,500, terms FOB shipping point, 2/10, 1/30. Added 580 to the invoice for prepaid freight. The cost of the goods sold was 54,820 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 10. Received check for amount due from Empire Co. for sale of March 4. Paid Fleetwood Delivery Service 55,830 for merchandise delivered during March to customers under shipping terms of FOB destination Paid City Bank 5090 for service fees for handling MasterCard and American Express sales during 31 31 pr. 3 March ork 16 Sold merchandise on account to larghee om $20x200, terms FOB Shipping pong, TV3 The cost of the goods sold was $14,550 Issued credit memo for $4,800 to Targhee Co. for merchandise returned from sale on March 16. The cost of the merchandise returned was $2,830. 18 word on page 11 of the journal Mar. 19 26 28 31 Sold merchandise on account to Vista Co 58,500, terms FOB shipping point, 2/10, 1/30. Added 580 to the invoice for prepaid freight. The cost of the goods sold was $4,820. 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 Paid Fleetwood Delivery Service 55,630 for merchandise delivered during March to customers under shipping terms of FOB destination Paid City Bank $990 for service fees for handling MasterCard and American Express sales during March Paid 58,812 to state sales tax division for taxes owed on sales 31 Apr 3 15 analize the entries to record the transactions of Amsterdam Supply Co Refer to the Chart of Accounts for exact wording of account titles mal malze the entries to record the transactions of Amsterdam Supply Co Refer to the Chart of Accounts for exact wording of account bibles dore Reading work: Work Book Show Me How PAC JOURNAL Score: 346/400 ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS UABUTIES ED Mar. 2 Accounts Receivable-Equinox Co 19,700.00 1 Sales 19,700.00 3 Mar 2 Cost of Goods Sold Inventory 12,530.00 12,530.00 5 Mar, 3 Cash 15,250.00 1 6 Sales 12,500.00 Sales Tax Payable 750.00 1 Mar 3 Cost of Goods Sold 6,410.00 Inventory Accounts Receivable-Empire Co. 6,410.00 10 Mar 4 56,450.00 19 Sales 56,450.00 12 Mar 4 Cost of Goods Sold 35,550,00 13 Inventory 35,550.00 14 Mer 5 Cash 3121700 15 Sales 29.450.00 LE Sales Tax Payable 1767.00 17 Mar 5 Cost of Goods Sold 19.470.00 Inventory 19,47000 11 Mar 12 Cash 19,50300 20 Sales 19700 21 Accounts Receivable Equinox Co 19,700.00 My Work CDOOR Show Me HOW od 12 Mar. 4 Cost of Goods Sold 35,550.00 13 Inventory 35,550.00 14 Mar. 5 Cash 31,217.00 15 Sales 29,450.00 1,767.00 16 Sales Tax Payable 17 Mar. 5 Cost of Goods Sold 19,470.00 18 Inventory 19,470.00 19 Mar. 12 Cash 19,505.00 20 197.00 21 Sales Accounts Receivable-Equinox Co. Mar. 14 Cash 19,700.00 22 12,940.00 23 Sales 12,940.00 24 Mar 14 Cost of Goods Sold 7,830.00 25 7,830.00 Inventory Mar. 16 Accounts Receivable-Targhee Co. 26 29,200.00 27 Sales 29,200.00 24 Mar. 16 Cost of Goods Sold 14,550.00 29 Inventory Mar. 18" KE 14,550.00 30 4,800.00 38 Imt 4,800.00 kijk iholj 32 How does grading work PAGE 11 JOURNAL Score 182/226 ACCOUNTINO EQUATION POST RET CREDIT LABILITIES out DAE DESCRIPTION Mar 19 Accounts Receivable Vista Co CENIT 80.00 ASSETS 1 Sales 80.00 1 4,82000 Mar 19 Accounts Receivable Vista Co Cash 4 4820.00 24,15600 6 24400 1 Mar 26 Cash Sales Accounts Receivable. The Co Mar 28 Cash Sales 24,400.00 841000 1 9 17000 10 8,550.00 . 56,450.00 13 Accounts Receivable Vista Mer 31 Cash Accounts Receivable-Empire Co Mar 31 Delivery pense Cash 56.450.00 11 $63000 11 5,650.00 11 Ape 3 Credit Card Expense 990.00 16 Cash 99000 631200 ADL 15 Sales Tax Payable Cash 11 6,812.00 Check My Work