The cost of all merchandise sold was 60% of the sales price. During January, Sandhill completed the following transactions.

Jan. 3

Purchased merchandise on account from Gallagher Co. $9,000.4

Purchased supplies for cash $70.4

Sold merchandise on account to Wheeler $6,520, invoice no. 371, terms 1/10, n/30.5

Returned $200 worth of damaged goods purchased on account from Gallagher Co. on January 3.6

Made cash sales for the week totaling $3,860.8

Purchased merchandise on account from Phegley Co. $4,100.9

Sold merchandise on account to Linton Corp. $5,600, invoice no. 372, terms 1/10, n/30.11

Purchased merchandise on account from Cora Co. $3,710.13

Paid in full Gallagher Co. on account less a 2% discount.13

Made cash sales for the week totaling $5,800.15

Received payment from Linton Corp. for invoice no. 372.15

Paid semi-monthly salaries of $13,300 to employees.17

Received payment from Wheeler for invoice no. 371.17

Sold merchandise on account to Delaney Co. $1,700, invoice no. 373, terms 1/10, n/30.19

Purchased equipment on account from Dozier Corp. $5,370.20

Cash sales for the week totaled $4,220.20

Paid in full Phegley Co. on account less a 2% discount.23

Purchased merchandise on account from Gallagher Co. $7,560.24

Purchased merchandise on account from Atchison Corp. $5,110.27

Made cash sales for the week totaling $4,370.30

Received payment from Delaney Co. for invoice no. 373.31

Paid semi-monthly salaries of $13,980 to employees.31

Sold merchandise on account to Wheeler $9,320, invoice no. 374, terms 1/10, n/30.

Mercer Company uses the following journals.

1.

Sales journal.2.

Single-column purchases journal.3.

Cash receipts journal.4.

Cash payments journal.5.

General journal.

Using the selected accounts provided: