The following selected transactions were completed by Amsterdam Supply Co., which sells office supplies primarily to wholesalers and occasionally to retail customers. Also note that the company uses a clearing house to take care of all bank as well as non-bank credit cards used by its customers. Record on page 10 of the journal: Mar, 2 Sold merchandise on account to Equinox Co, exist19, 700, terms FOB destination, 1/10, n/30. The cost of the merchandise sold was exist12, 530. 3 Sold merchandise for exist12, 500 plus 6% sales tax to retail cash customers. The cost of merchandise sold was exist6, 410. 4 Sold merchandise on account to Empire Co., exist56, 450, terms FOB shipping point, n/eom. The cost of merchandise sold was exist35, 550. 5 Sold merchandise for exist29, 450 plus 6% sales tax to retail customers who used MasterCard. The cost of merchandise sold was exist19, 470. 12 Received check for amount due from Equinox Co, for sale on March 2. 14 sold merchandise to customers who used American Express cards, exist12, 940. The cost of merchandise sold was exist7, 830. 16 Sold merchandise on account to Targhee Co., exist29, 200, terms FOB shipping point, 1/10, n/30. The cost of merchandise sold was exist14, 550. 18 Issued credit memo for exist4, 800 to Targhee Co. for merchandise returned from sale on March 16. The cost of the merchandise returned was exist2, 830