The cost of all merchandise sold was 60% of the sales price. During January, Ayoade completed the following transactions.

Jan. 3		Purchased merchandise on account from Parkinson Co. $11,000.
4		Purchased supplies for cash $71.
4		Sold merchandise on account to Douglas $5,030, invoice no. 371, terms 1/10, n/30.
5		Returned $200worth of damaged goods purchased on account from Parkinson Co. on January 3.
6		Made cash sales for the week totaling $3,250.
8		Purchased merchandise on account from Denholm Co. $5,300.
9		Sold merchandise on account to Connor Corp. $5,700, invoice no. 372, terms 1/10, n/30.
11		Purchased merchandise on account from Betz Co. $3,530.
13		Paid in full Parkinson Co. on account less a 2% discount.
13		Made cash sales for the week totaling $5,790.
15		Received payment from Connor Corp. for invoice no. 372.
15		Paid semi-monthly salaries of $14,505to employees.
17		Received payment from Douglas for invoice no. 371.
17		Sold merchandise on account to Bullock Co. $2,430, invoice no. 373, terms 1/10, n/30.
19		Purchased equipment on account from Murphy Corp. $5,407.
20		Cash sales for the week totaled $2,890.
20		Paid in full Denholm Co. on account less a 2% discount.
23		Purchased merchandise on account from Parkinson Co. $7,477.
24		Purchased merchandise on account from Forgetta Corp. $4,684.
27		Made cash sales for the week totaling $4,210.
30		Received payment from Bullock Co. for invoice no. 373.
31		Paid semi-monthly salaries of $12,063to employees.
31		Sold merchandise on account to Douglas $9,730, invoice no. 374, terms 1/10, n/30.

Ayoade Company uses the following journals.

1.		Sales journal.
2.		Single-column purchases journal.
3.		Cash receipts journal.
4.		Cash payments journal.
5.		General journal.

Using the selected accounts provided:

Record and Post the January transactions in the appropriate journal noted. Foot and crossfoot all special journals. (Record entries in the order displayed in the problem statement.)