Sweet Dreams Company, a retailer of beds and mattresses, engaged in the following transactions during September:

Sept 4 Purchased inventory for cash, $14,000

Sept 6 Purchased store supplies on credit from C. Paper, terms of n/30, $600

Sept 9 Purchased inventory of $5,500 plus shipping charges of $200 from R.U. Sleepy; credit terms are 2/15, n/60, FOB shipping point

Sept 10 Sold goods for cash, $2,800; Sweet Dreams' cost of these goods was $1,820

Sept 12 After negotiations with R. U. Sleepy, Sweet Dreams received a $1,500 allowance on the inventory purchased on September 9 because the mattress tops were stained

Sept 14 Purchased $4,560 of inventory on credit for T. Sandman, terms of 2/10, n/45, FOB destination

Sept 15 Sold $8,400 of inventory on credit to S.L. Beauty under terms of 3/10,n/30, FOB shipping point. The goods had a cost of $5,400

Sept 16 Paid advertising expense of $250

Sept 18 S.L. Beauty returned $1,600 of merchandise from the Sept. 15 sale because Sweet Dreams had shipped incorrect merchandise, the original cost of the merchandise returned was $1,040

Sept 22 Paid R.U. Sleepy for goods purchased on Sept 9 less the allowance and the discount

Sept 25 After agreeing to allow a discount on a partial payment, Sweet Dreams received payment of $3,000 from S.L. Beauty for the sale on Sept 15, less the discount

Sept 29 Paid for the store supplies purchased on Sept 6

Requirements:

1. Journalize the transactions for Sweet Dreams.

2. Compute the amount of receivable on Sept 30 from S.L. Beauty to whom Sweet Dreams sold merchandise on Sept 15.