Terms of all credit sales are 2/10, n/30. Indicate which journal each of these transactions would be entered:

1. Investment of $1,500 by K. Jones, the owner, into the business

2. Received $3,000 of merchandise and an invoice dated March 1, terms 2/15, n/30, from Treetop industries

3. Sold merchandise on credit to Smith Industries, Invoice #543, for $6,400 (cost is $4,400

4. Purchased $1,850 of office equipment on credit from Supply Company, invoice dated March 9, terms n/10 EOM

5. Received payment from Smith Industries for the March 2 sale, less the discount