Peachtree Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the purchases journal.

May 1	Purchased $15,600 of merchandise on credit from Krause, Incorporated, terms n/30.
May 8	Sold merchandise costing $1,120 to G. Seles for $2,600 on credit subject to a $41 sales discount if paid within 30 days.
May 14	Purchased $350 of store supplies from Chang Company on credit, terms n/30.
May 17	Purchased $370 of office supplies on credit from Monder Company, terms n/30.
May 24	Sold merchandise costing $510 to D. Air for $980 cash.
May 28	Purchased store supplies from Porters for $112 cash.
May 29	Paid Krause, Incorporated, $15,600 cash for the merchandise purchased on May 1.