Part a must be solved into four separate tables, and the final answer for each table is in the pictures I have sent to you to confirm your solution. Please specify where the solution is for Part B and Part C.

P7.4 (LO 2, 3) Selected accounts from the chart of accounts of Meng Enterprises are shown below.

Journalize transactions in special journals.

101 Cash 401 Sales Revenue 112 Accounts Receivable 412 Sales Returns and Allowances 120 Inventory 414 Sales Discounts 126 Supplies 505 Cost of Goods Sold 157 Equipment 726 Salaries and Wages Expense 201 Accounts Payable The cost of all merchandise sold was 60% of the sales price. During January, Meng completed the following transactions (amounts in thousands).

Jan. 3 Purchased merchandise on account from Gum Co. 9,000. 4 Purchased supplies for cash 80. 4 Sold merchandise on account to Wei 5,250, invoice no. 371, terms 1/10, n/30. 5 Returned 300 worth of damaged goods purchased on account from Gum Co. on January 3. 6 Made cash sales for the week totaling 3,150. 8 Purchased merchandise on account from Pang Co. 4,500. 9 Sold merchandise on account to Loeng Corp. 5,400, invoice no. 372, terms 1/10, n/30. 11 Purchased merchandise on account from Che Co. 3,700. 13 Paid in full Gum Co. on account less a 2% discount. 13 Made cash sales for the week totaling 6,260. 15 Received payment from Loeng Corp. for invoice no. 372. 15 Paid semi-monthly salaries of 14,300 to employees. 17 Received payment from Wei for invoice no. 371. 17 Sold merchandise on account to Dyun Co. 1,200, invoice no. 373, terms 1/10, n/30. 19 Purchased equipment on account from Ziu Corp. 5,500. 20 Cash sales for the week totaled 3,200. 20 Paid in full Pang Co. on account less a 2% discount. 23 Purchased merchandise on account from Gum Co. 7,800. 24 Purchased merchandise on account from Yap Corp. 5,100. 27 Made cash sales for the week totaling 4,230. 30 Received payment from Dyun Co. for invoice no. 373. 31 Paid semi-monthly salaries of 13,200 to employees. 31 Sold merchandise on account to Wei 9,330, invoice no. 374, terms 1/10, n/30. Meng uses the following journals.

1. Sales journal. 2. Single-column purchases journal. 3. Cash receipts journal with columns for Cash Dr., Sales Discounts Dr., Accounts Receivable Cr., Sales Revenue Cr., Other Accounts Cr., and Cost of Goods Sold Dr./Inventory Cr. 4. Cash payments journal with columns for Other Accounts Dr., Accounts Payable Dr., Inventory Cr., and Cash Cr. 5. General journal. Instructions Using the selected accounts provided:

a. Record the January transactions in the appropriate journal noted.

Sales journal 21,180 Purchases journal 30,100 Cash receipts journal balancing total 38,794 Cash payments journal balancing total 40,780

b. Foot and cross-foot all special journals.

c. Show how postings would be made by placing ledger account numbers and checkmarks as needed in the journals. (Actual posting to ledger accounts is not required.)