Sell merchandise to M. Ziesmer $9,000, terms 2/10, n/30. Purchase merchandise from E. Pheatt $1,700, terms 2/10, n/30. Receive a check from T. Hodges $2,700. Pay freight on merchandise purchased $310. Pay rent of $1,220 for January. Receive payment in full from M. Ziesmer. Post all entries to the subsidiary ledgers. Issued credit of $300 to B. Hannigan for returned merchandise. Send K. Thayer a check for $9,900 in full payment of account, discount $100. Purchase merchandise from G. Roland $1.160. terms 2/10. n/30. Pay sales salaries of $3,280 and office salaries $2.450. Give D. Danford a 60-day note for $18,800 in full payment of account payable. Total cash sales amount to $7,740. Post all entries to the subsidiary ledgers. Account tital and explantiion