which sells office Obj. 2 PR 5-2A Sales-related transactions using perpetual inventory system The following selected transactions were completed by Amsterdam Supply Co., which sells of supplies primarily to other businesses and occasionally to retail customers: Mar. 2. Sold merchandise on account to Equinox Co. $18.900, terms FOB destination, 1/10, n/30. The cost of the goods sold was $13,300. 3. Sold merchandise for $11,350 plus 6% sales tax to retail cash customers. The cost of the goods sold was $7,000 4. Sold merchandise on account to Empire Co., $55,400, terms FOB shipping point, n/eom. The cost of the goods sold was $33,200. 5. Sold merchandise for $30,000 plus 6% sales tax to retail customers who used MasterCard. The cost of the goods sold was $19,400. 12. Received check for amount due from Equinox Co. for sale on March 2. Mar. 14. Sold merchandise to customers who used American Express card $8,350. omers who used American Express cards, $13,700. The cost of the goods sold was 16. Sold merchandise on account to Targhee Co., $27,500, terms ndise on account to Targhee Co. $27.500, terms FOB shipping point, 1/10, n/30. The cost of the goods sold was $16,000. 18. Issued credit memo to Targhee Co. for merchandise with a nemo to Targhee Co. for merchandise with an invoice amount of $4,800 returned from sale on March 16. The cost of the merchandise returned was $2,900. "chandise on account to Vista Co. SR250 terms FOB shipping point, 2/10, n/30. Added $75 to the invoice for prepaid freight. The cost of the goods sold was $5,000. 26. Received check for amount due from Tarahee Co. for sale on March 16 less credit memo of March 18. 28. Received check for amount due from Vista Co. for sale of March 19. 31. Received check for amount due from Empire Co. for sale of March 4 31. Paid Fleetwood Delivery Service $5.600 for merchandise delivered during March to customers under ship- ping terms of FOB destination. Apr. 3. Paid City Bank $940 for service fees for handling MasterCard and American Express sales during March. 15. Paid $6,544 to state sales tax division for taxes owed on sales. Instructions Journalize the entries to record the transactions of Amsterdam Supply Co