The following selected transactions were completed by Air Systems Company during January of the current year. Air Systems Company uses the periodic inventory system.

Jan.	2	Purchased $18,200 of merchandise on account, FOB shipping point, terms 2/15, n/30.
	5	Paid freight of $190 on the January 2 purchase.
	6	Returned $2,750 of the merchandise purchased on January 2.
	13	Sold merchandise on account, $37,300, FOB destination, 1/10, n/30. The cost of goods sold was $22,400.
	15	Paid freight of $215 for the merchandise sold on January 13.
	17	Paid for the purchase of January 2 less the return and discount.
	23	Received payment on account for the sale of January 13 less the discount.

Journalize the entries to record the transactions of Air Systems Company. Refer to the Chart of Accounts for exact wording of account titles.

DESCRIPTION POST. REF. DEBIT CREDIT LIABILITIES DATE ASSETS EQUITY Jan. 2 Purchases 18,200.00 1 Accounts Payable 18,200.00 190.00 Jan. 5 Freight In 190.00 Cash Jan. 6 2,750.00 Accounts Payable 5 2,750.00 Purchases Returns and Allowances 6 Jan. 13 Accounts Receivable 7 Sales 215.00 Jan. 15 Delivery Expense 9 215.00 L Cash 10 Jan, 17 Accounts Payable 15,450.00 11 12 Purchases Discounts 309.00 Cash 15,141.00 13 Jan. 23 Cash 14 Accounts Receivable 15