Selected accounts from the chart of accounts of Masu Company are shown below:

101 Cash 201 Accounts Payable

112 Accounts Receivable 208 Output Tax

120 Inventory 401 Sales Revenue

125 Supplies 416 Sales Returns and Allowances

130 Prepaid Insurance 501 Cost of Goods Sold

137 Input Tax 615 Advertising Expense

The cost of all merchandise sold was 60% of sales price. During November, Masu Company completed the following transactions. VAT of 7% is applicable.

Nov 2 Purchased merchandise from Anza Company $14,000, term n/60.

4 Purchased supplies for $1,300 and issued check, no.126 for the same amount.

5 Sold merchandise to Luki Company for $1,800, term n/30, invoice no. 311.

6 Returned $800 of damaged goods purchased on account from Anza Company on Nov 2.

8 Purchased merchandise from Fiza Company $10,000, term n/30.

9 Made cash sales of merchandise totaling $3,500.

10 Granted allowance to Luki Company for the damaged merchandise $800.

12 Paid in full the amount owed to Anza Company, check no. 221.

13 Paid $2,000 for a one-year insurance policy, check no.213.

15 Received payment from Luki Company for invoice no. 311.

16 Sold merchandise to Yard Company for $20,000, term n/30, invoice no. 312.

20 Purchase merchandise for cash $4,000, check no. 222

23 Paid in full the amount owed to Fiza Company, check no. 231.

27 Received payment from Yard Company for invoice no.312.

29 Paid the Advertising bill of $7,000 for the current month, check no. 234.

30 Sold merchandise to Holt Company $22,000, term n/30, invoice no. 313.

Instruction: Journalize the transactions in the special journals and general journal.