The following transactions of Chicago Marine Supply occurred during 2018 and 2019 : (Click the icon to view the transactions.) Requirement Begin by journalizing the 2018 transactions, starting with the purchase of equipment on February 3. Feb 3: Purchased equipment for $11,000, signing a six-month, 12% note payable. Feb 28: Recorded the week's sales of $63,000, one-third for cash, and two-thirds on account. All sales amounts are subject to a 3% sales tax. Ignore cost of goods sold. More info