Peachtree Company uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements journal, and a general journal. The following transactions occur in the month of May. May 1 Purchased $14,100 of merchandise on credit from Kraune, Inc., termen/30. 8 Sold merchandise conting $1,060 on credit to G. Seles for $2,300 subject to a $38 sales discount it paid by the end of the month. 14 Purchased $320 of store supplies from Chang Company on credit, terma n/30. 17 Purchased $340 of office supplies on credit from Monder Company, terns n/30. 24 Sold merchandise conting $480 to D. Ar for $890 cash. 28 Purchased atore supplies from Porter's for $106 cash. 29 Paid Krause, Inc., 314,100 cash for the merchandise purchased on May 1. Journalize the May transactions that should be recorded in the purchases Journal assuming the perpetual inventory system is used. PURCHASES JOURNAL Date of Accounts Office Other Invoice Terms Payable Cr. Inventory Dr. Supplies Dr. Accounts Dr. Date Account