The following were selected from among the transactions completed by Babcock Company during November of the current year:

Nov.	3	Purchased merchandise on account from Moonlight Co., list price $94,000, trade discount 25%, terms FOB destination, 2/10, n/30.
	4	Sold merchandise for cash, $35,040. The cost of the goods sold was $20,610.
	5	Purchased merchandise on account from Papoose Creek Co., $50,800, terms FOB shipping point, 2/10, n/30, with prepaid freight of $850 added to the invoice.
	6	Returned merchandise with an invoice amount of $12,000 ($16,000 list price less trade discount of 25%) purchased on November 3 from Moonlight Co.
	8	Sold merchandise on account to Quinn Co., $14,030 with terms n/15. The cost of the goods sold was $9,130.
	13	Paid Moonlight Co. on account for purchase of November 3, less return of November 6.
	14	Sold merchandise with a list price of $243,720 to customers who used VISA and who redeemed $7,100 of pointof- sale coupons. The cost of the goods sold was $148,260.
	15	Paid Papoose Creek Co. on account for purchase of November 5.
	23	Received cash on account from sale of November 8 to Quinn Co.
	24	Sold merchandise on account to Rabel Co., $52,500, terms n/30. The cost of the goods sold was $36,660.
	28	Paid VISA service fee of $3,750.
	30	Paid Quinn Co. a cash refund of $6,510 for returned merchandise from sale of November 8. The cost of the returned merchandise was $3,450.
	30	During November, printed a coupon with each customers sales receipt for $2 off the customers next purchase of over $15. The coupons may be redeemed during December. Of the total of 24,000 coupons printed, it is estimated that 55% will be redeemed.

Required:

1.	Journalize the November transactions.
2.	Assume that as of December 31, 10,300 of the $2-off coupons issued during November had been redeemed by customers. Journalize the entry for the remaining unredeemed coupons.