Montalvo Company uses special journals and a general journal. The following transactions occurred during September 2010. Sept 2 Sold merchandise on account to T. Hossfeld, invoice no. 101, $720, terms n/30. The cost of the merchandise sold was $420. 10 Purchased merchandise on account from L. Rincon $600, terms 2/10, n/30. 12 Purchased office equipment on account from R. Press $6,500. 21 Sold merchandise on account to P. Lowther, invoice no. 102 for $800, terms 2/10, n/30. The cost of the merchandise sold was $480. 25 Purchased merchandise on account from W. Barone $860, terms n/30. 27 Sold merchandise to S. Miller for $700 cash. The cost of the merchandise sold was $400. Instructions Prepare a sales journal and a single-column purchase journal. (Use page 1 for each journal.) Record the transaction(s) for September that should be journalized in the sales journal and the purchases journal. (List transactions in order of occurrence.)