Using T accounts for Cash, Accounts Receivable, Sales Tax Payable, Sales, Sales Returns and Allowances, and Sales Discounts, enter the following sales transactions. Use a new set of accounts for each part, If required, round your answers to two decimal places.

5.	Sales on account, with 2/10, n/30 cash discount terms.
	(a) Merchandise is sold on account for $450.
	(b) The balance is paid within the discount period.
	(c) Merchandise is sold on account for $280.
	(d) The balance is paid after the discount period.