The following selected transactions were completed by Amsterdam Supply Co., which sells office supplies primarily to wholesalers and occasio method under a perpetual inventory system. Also note that the company uses a clearing house to take care of all bank as well as non-bank cre Record on page 10 of the journal Mar 2 Sold merchandise on account to Equinox Co, $19,300, terms FOB destination, 1/10, n/30 The cost of the goods sold was $14,120 3 Sold merchandise for $12,200 plus 6% sales tax to retail cash customers. The cost of the goods sold was $6,930 4 Sold merchandise on account to Empire Co, $58,930 terms EOB shipping point, n/eom. The cost of the goods sold was $32,340 5 Sold merchandise for $30 400 plus 6% sales tax to retail customers who used MasterCard The cost of the goods sold was $20 610 12 Received check for amount due from Equinox Co for sale on March 2 14 16 Sold merchandise to customers who used American Express cards $15 040 The cost of the goods sold was $7,570 Sold merchandise on account to Targhee Co $29 900 terms FOB shipping point 1/10, n/30 The cost of the goods sold was $17 360 1A Issued credit memo for $4 900 to Tarnhee Co for merchandise returned from sale on March 16 The