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PR 5-2A Sales-related transactions using perpetual inventory system Obj. 2 The following selected transactions were conpleted by Amsterdam Supply Co, which sells office supplies primarily

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PR 5-2A Sales-related transactions using perpetual inventory system Obj. 2 The following selected transactions were conpleted by Amsterdam Supply Co, which sells office supplies primarily to other busibesses and occasionally to retail customers: Mar. 2. Sold menchandise on acoount to Equinox CO, $18,900, terms FOS dentination, n/30. The cost of the goods sold was $13.300. 3. Sold merchundse for 511,350 plus ths sales tax to retal cash culfomers. The cost of the goods sold was 57.000 . 4. Sold merchandise on account to Empire Co, 555,400, terma FOB shipping point, neom. The coit of the goods sold was $33.200. 5. Sold menchandise for $30,000 to retal customers who used Mastencand. The cost of the goods sold was $19,400. The printed receipts for retal customers included a coupon for $2 off the customer's neat purchase. it is estimated that 2.000 of the coupons wil be redeemed. 14. Sold $18.000 of menchandise to retal customers wha used Mastercand and who redeemed $50 of the $2 coupens issued on March 5. The cost of the goods ield was 510.500. 16. Sold merchandise on account to Targhee Ca, $27,500, teims fOB shipping poins, n/30. The cost of the goods sold was $16,000. 18. Iswed credis memo vo Targhee Ca for merchandise with an impice amount of S4, 800 netumed from sale on March 16. The cost of the merchandise nttumed was $2.500. 10. Sold merchandise on account to Vaca Co. 58250 , terms FCe shipging poirt, n/eom, Added 575 to the inweice for prepaid freight. The cont of the goods sold was $5.000. 31. Heceived check for amount due from Vista Ca for sale of March 19. 31. Heceived check for amount due from Impire Ca for sale of March 4. 31. Paid Fieetwood Detivery Service $5,600 for menchendse delivened during March to customers under shipping verems of FOE destination. 31. Paid lecal newrpaper $1,200 ler advertihing that included peint-of-sale ceupens for $15 off Agril purchasts of 575 or more. It is estimated that 500 of the coupons wil be itedemed. Apr. 1. Received check for amount due from Equinor Co. for sale on March 2. 3. Paid Coty Eank 5940 for service fees for handing Mastercard and American Erpress sales during March. 15. Paid 56.544 to state sales tax division for taxes owetd en sales. 15. Aeceived check for amount due from Tagghee Co, for sale on Marth 16 less credit memo of March 18. 16. Sold merchandise whth a list price of 540,000 to customers using Mastercand. Customers nedeemed 300 of the point-of-sale, 515-off coupons distributed on March 31. The cost of the merchandise sold was 518.75a. Instructions Journalize the entries to recond the transactions of Amsterdam Supply Co

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