Peachtree Company uses 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 $13,100 of merchandise on credit from Krause, Inc., terms n/30. 8 Sold merchandise costing $1,020 to G. Seles for $2,100 on credit subject to a $36 sales discount if paid by the end of the month. 14 Purchased $300 of store supplies from Chang Company on credit, terms n/30. 17 Purchased $320 of office supplies on credit from Monder Company, terms n/30. 24 Sold merchandise costing $460 to D. Air for $830 cash. 28 Purchased store supplies from Porter's for $102 cash. 29 Paid Krause, Inc., $13,100 cash for the merchandise purchased on May 1. Date of Invoice PURCHASES JOURNAL Accounts Terms Payable Cr. Office Supplies Dr. Other Accounts Dr. Date Account Inventory Dr