Scoops Ahoy Ice Cream Co. uses a perpetual inventory system and both an accounts receivable and an accounts payable subsidiary ledger. Balances related to both the general ledger and the subsidiary ledger for Scoops Ahoy Ice Cream Co. are indicated in the working papers. Below are a series of transactions for Scoops Ahoy Ice Cream Co. for the month of May. Credit sales terms are 2/10, n/30. The cost of all merchandise sold was 34% of the sales price. Round all numbers to whole dollars

Please just create a Sales-Purchases Journal Thank you so much.

Mixy. Sell merchandise on account to L. Sinclair $12,000, invoice no. 215, and to J. Hopper $15,200. 3 invoice no. 216 5 Purchau merchandise from B. Nrwby $15,000 and M. Brenser $22,500, terms n30. 7 Receive checks from D. Hendersen $16,400 and M. Wheler $7,500 atter the discount period bas lepstd. 8 Pay freight on marchandise purchased 5535 . 9 Send checks to M. Mryfield for $19,000 less 2\% cash discount, and to B. Hrgrove for $22,000 less 1% cash disceunt. 9 Issue credit of 35,200 to J. Hopper for merchasdise retumed. 10 Summary daily cash sales total $25,250. 11 Sell merchandise on account to J. Byers $16,600, invoice no. 217, and to D. Henderson $12,900. invoice no. 218. 12 Pay rent of $10,000 for May and June. 13 Receive payment in full from L. Sinclair and J. Hopper less cash discounts 15 Withdrawal of $9,000 cash by R. Buckley for personal use. Post all entries to the subsidiary ledgers. 16 Purchase merchandise from B. Hargrove $18,000, terms 1/10, n/30; M Mayfeld $14,200, tarms 2/10, n 30; and B. Newby $23,500, terms n/30. 17 Pay $1,200 cash for office supplies. 18 Summary daily cash sales total $30,100 20 Retum $1,450 of merchandise to M. Mayfield and receive credit. 21 Lssee $23,000 note, maturing in 90 days, to $. Harington in payment of balance due 21 Receive ptyment in full from D. Hendarson less cash divcount. 22 Sell merchandise on account to L. Sinclair $22,700, invoice no. 219, and to I. Byer $34,200, imvoice no. 220. Pont all entries to the subsidiary ledgers. 23 Send check to B. Hergowe and M. Mayfield in full payment leis cash discounts. 25 Sell merchandise on account to M. Wheeler $50,250, invoice no. 221, and to J. Hopper 536,100 . invoice no. 222. 27 Purchase merchandise from B. Hargrove $14,500, terms 1/10,A/30,M. Brenter 512,400 , terms n/30; and B. Nenby 515,400 , terms n/30. Post all entries to the subsidiary ledgers. 28 Pey 5500 on account for office supplies. 31 Summery daily cash sales total $26,500. 31 Pay saleries and wages of $9,500. (contieved) Page 1 of 2