Mead Company uses a perpetual inventory system and engaged in the following transactions during the month of May: Date Transaction May 1 Made cash sales of $8,600; the cost of the inventory was $3,000. 5 Purchased $2,500 of inventory on credit. 9 Made credit sales of $3,400; the cost of the inventory sold was $1,900. 13 Paid sales salaries of $900 and office salaries of $500. 14 Paid for the May 5 purchases. 18 Purchased sales equipment costing $7,300; made a down payment of $1,700 and agreed to pay the balance in 60 days. 21 Purchased $800 of inventory for cash. 27 Sold land that had originally cost $2,000 for $2,600. Required: Record the preceding transactions in a general journal.