Question 1: Copple Hardware Store completed the following merchandise transactions in the month of May, Copple using periodic inventory system.

May 1 Purchase 300 PCs on account $1,200 each from Sameer Trading, terms 2/10,

n/30.

2 Received credit note $2,400 for PCs purchased on May 1.

3 Sold 25 PCs on account $1,500 to Smart System, terms 1/10, n/30.

8 Received Collections in full from Smart System.

9 Paid Sameer Trading the balance due

10 Sold 15 PCs on account $1500 each to Net Soft Co. terms 1/10, n/30.

13 Granted credit note to Net Soft Co. for 1 PC returned $1500.

18 Received collections in full from Net Soft.

Instructions: Journalize the September transactions for Copple

Hardware Store.