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

Date	Transaction
July 3.	Purchased merchandise on account from Hamling Co., list price $72,000, trade discount 15%, terms FOB shipping point, 2/10, n/30, with prepaid freight of $1,450 added to the invoice.
5.	Purchased merchandise on account from Kester Co., $33,450, terms FOB destination, 2/10, n/30.
6.	Sold merchandise on account to Parsley Co., $36,000, terms n/15. The cost of the goods sold was $25,000.
7.	Returned merchandise with an invoice amount of $6,850 purchased on July 5 from Kester Co.
13.	Paid Hamling Co. on account for purchase of July 3.
15.	Paid Kester Co. on account for purchase of July 5, less return of July 7.
21.	Received cash on account from sale of July 6 to Parsley Co.
21.	Sold merchandise with a list price of $108,000 to customers who used MasterCard and who redeemed $7,500 of point-of-sale coupons. The cost of the goods sold was $64,800.
22.	Sold merchandise on account to Tabor Co., $16,650, terms n/30. The cost of the goods sold was $10,000.
23.	Sold merchandise for cash, $91,200. The cost of the goods sold was $55,000.
28.	Paid Parsley Co. a cash refund of $7,150 for returned merchandise from sale of July 6. The cost of the returned merchandise was $4,250.
31.	Paid MasterCard service fee of $1,650.
31.	During July, printed a coupon with each customers sales receipt for $1 off the customers next purchase of over $10. The coupons may be redeemed during August. Of the total of 30,000 coupons printed, it is estimated that 60% will be redeemed.

and purchase-related transactions using perpetual inventory system De following were selected from among the transactions completed by Essex Company during Jily of the current year: Dly 3. Purchased merchandise on account from Hamling Co, list price $72,000, trade discount 15%, terms FOB stupping point, 2/10, N/30, with prepald freight of $1,450 added to the invoice. 5. Purchased merchandise on account from Kester Co., $33,450, terms Fos destination, 2/10, n/30. 6. Sold merchandise on account to Parsley CO4,$36,000, terms N/15. The cost of the goods sold was $25,000. 7. Returned merchandise with an invoice amount of $6,850 purchased on July 5 from Kester C0. 13. Paid Hamling Co. on account for purchase of July 3. 15. Paid Kester Co: on account for purchase of July 5 , less return of July 7. 21. Received cash on account from sale of July 6 to Parsley Co. 21. Sold merchandise with a list price of $108,000 to customers who used MasterCard and who redeemed $7,500 of point-of-sale coupans. The cost of the goods sold was $64,800. 22. Sold merchandise on account to Tabor Co4,$16,650, terms n/30. The cost of the goods sold was $10,000. 23. Sold merchandise for cash, $91,200. The cost of the geods sold was $55,000. 28, Pald Parsitey Coi a cash refund of $7,150 for returned merchandise from sale of July 6 . The cost of the returned riserchandse was $4,250. 31. Paid Mastercard service fee of $1,650. 31. During July, printed a coupon with each customer's sales receipt for $1 off the customer's neat purchase of over $10. The covpons may be redeemed during August, of the total of 30,000 coupons printed, it is estimated that cots will be redecmed. Required 1. Journahte the transactiohs, If an amount box does not require an entry, leave if blank. mocerd entry, ienon n viank