PR 5-2A S ihe following selected transactions were completed by Amsterdam Supply Co, which sells ob Mar. 2. Sold merchandise on account to Equinox Co, $18,900 terms FOB destination, 1/10,n/30. The cost of the ales-related transactions using perpetual inventory system NOW EXCER TEMPLATE supplies primarily to other businesses and occasionally to retail customers: goods sold was $13,300 Sold merchandise for $11.350 plus 6% sales tax to retail cash customers.The cost of the goods sold was 3. 4. Sold merchandise on account to Empire Co, $55,400, terms FOB shipping point, n/eom. The cost of the 5. Sold merchandise for S30.000 plus 6% sales tax to retail customers who used MasterCard.The cost of the 12. Received check for amount due from Equinox Co.for sale on March 2. 7,000 goods sold was $33,200 goods sold was $19,400 285 Chapter 5 Accounting for Retail Businesses merchandise to customers who used American Express cards, $13,700. The cost of the goods sold was andise on account to Targhee Co, $27,500, terms FOB shipping point, 1/10, n/30. The cost of the Mar. 14. Sold 8 Issued credit memo to Targhee Co.for merchandise with an invoice amount of $4,800 returned from sale on 19. Sold merchandise on account to Vista Co, $8,250, terms FOB shipping point, 2/10, n/30. Added $75 to the $8,350 goods sold was $16,000. March 16. The cost of the merchandise returned was $2,900. invoice for prepaid freight. The cost of the goods sold was $5,000. Received check for amount due from Targhee Co.for sale on March 16 less credit memo of March 18. Received check for amount due from Vista Co.for sale of March 19. Received check for amount due from Empire Co.for sale of March 4. Paid Fleetwood Delivery Service $5,600 for merchandise delivered during March to customers under ship- ping terms of FOB destination. Paid City Bank $940 for service fees for handling MasterCard and American Express sales during March. Paid $6,544 to state sales tax division for taxes owed on sales. 26. 28. 31. 31. 3. 15. Apr. Instructions Journalize the entries to record the transactions of Amsterdam Supply Co