Signement Weekend group 1 Seved 2 Moore Corporation is a major distributor of office supplies. All sales are on terms 110, n/15. During March, the following selected transactions occurred. For each transaction, identify into which special journal it should be joumalized. Also indicate which subledger(s) is (are) affected. Use the list of codes to label your answers, Moore Corporation uses a perpetual inventory system, Special Journals Sales Purchases Cash receipts Cash disbursements General journal S BOOK Print Subledgers Accounts receivable Accounts payable Merchandise Inventory No effect MT NE Date Transaction Journal 5 Subledgeral ARM March 01 Sold merchandise on Credit March 02 Detective merchandise sold on March 1 was retumed by the customer. It was scrapped March 03 Purchased office equipment on credit terms 1/30 March 05 Received payment regarding the March 1 sale March 10 Received a credit memo from the supplier regarding defective equipment purchased on March 3 March 14 Sold merchandise for cash March 16 Purchased merchandise inventory on credit terms 1/5, 1/30 March 17 Pad the balance owing on the March 3 transaction March 18 Purchased merchandise inventory for cash Subledgers Accounts receivable Accounts payable Merchandise inventory No effect AR AP MI NE Special Journal Subledgers ARMI Date Transaction March 01 Sold merchandise on credit March 02 Defective merchandise sold on March 1 was returned by the customer. It was scrapped March 00 Purchased office equipment on credit terms n/30 March 05 Received payment regarding the March 1 sale March 10 Received a credit memo from the supplier regarding defective equipment purchased on March 3 March 14 Sold merchandise for cash March 16 Purchased merchandise inventory on credit, terms 1/5, 130 March 17 Paid the balance owing on the March 3 transaction March 18 Purchased merchandise inventory for cash March 21 Paid for the merchandise purchased on March 16 March 22 Sold old equipment for cash March 30 Paid salaries for the month of March March 30 Accrued utilities for the month of March March 30 Closed the credit balance in the Income summary to capital to search O II Signement Weekend group 1 Seved 2 Moore Corporation is a major distributor of office supplies. All sales are on terms 110, n/15. During March, the following selected transactions occurred. For each transaction, identify into which special journal it should be joumalized. Also indicate which subledger(s) is (are) affected. Use the list of codes to label your answers, Moore Corporation uses a perpetual inventory system, Special Journals Sales Purchases Cash receipts Cash disbursements General journal S BOOK Print Subledgers Accounts receivable Accounts payable Merchandise Inventory No effect MT NE Date Transaction Journal 5 Subledgeral ARM March 01 Sold merchandise on Credit March 02 Detective merchandise sold on March 1 was retumed by the customer. It was scrapped March 03 Purchased office equipment on credit terms 1/30 March 05 Received payment regarding the March 1 sale March 10 Received a credit memo from the supplier regarding defective equipment purchased on March 3 March 14 Sold merchandise for cash March 16 Purchased merchandise inventory on credit terms 1/5, 1/30 March 17 Pad the balance owing on the March 3 transaction March 18 Purchased merchandise inventory for cash Subledgers Accounts receivable Accounts payable Merchandise inventory No effect AR AP MI NE Special Journal Subledgers ARMI Date Transaction March 01 Sold merchandise on credit March 02 Defective merchandise sold on March 1 was returned by the customer. It was scrapped March 00 Purchased office equipment on credit terms n/30 March 05 Received payment regarding the March 1 sale March 10 Received a credit memo from the supplier regarding defective equipment purchased on March 3 March 14 Sold merchandise for cash March 16 Purchased merchandise inventory on credit, terms 1/5, 130 March 17 Paid the balance owing on the March 3 transaction March 18 Purchased merchandise inventory for cash March 21 Paid for the merchandise purchased on March 16 March 22 Sold old equipment for cash March 30 Paid salaries for the month of March March 30 Accrued utilities for the month of March March 30 Closed the credit balance in the Income summary to capital to search O