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Presented below are selected accounts from the chart of accounts of Wildharse Company. The cost of ali merchandise sold was 60 is of the sales price. During Janusry. Wildhorse completed the foliewing transactions. Ian. Purchased merchandise co account from Gallagher Co. 59,900 . 4 Purchased wapties for can 580 . 4 Sold merchandise on account to Wheeler $6,690, involce no 371 , terms 1/10.n/30 5. Refurred $500 worth of damaged goods nurchased on account from Gallacher Co on January 3. 6. Made cashsales for the week totaling $3.740 8 Mirchased merchandise on account from Phecelev Co 84,900 , 9. Sold inerchandive on account io Linton Corp. 56,000 , invoice no, 372 . terms 1/10,n/20 i 11 Purclused inerchandise on account from Cora Co 53.590 11 Purchased merchandise on account from Cora Co. $3,590. 13 Paid in full Gallagher Co. on account less a 2% discount. 13 Made cash sales for the week totaling $6,630. 15 Received payment from Linton Corp. for invoice no. 372. 15 Paid semi-monthly salaries of $13,900 to employees. 17 Received payment from Wheeler for invoice no. 371. 17 Sold merchandise on account to Delaney Co, $1,730, invoice no, 373 , terms 1/10,n/30. 19. Purchased equipment on account from Dozier Cqrp. $5,720. 20 Cash sales for the week totaled $4,130. 20 Paid in full Phegley Co. on account less a 2% discount. 23 Purchased merchandise on account from Gallagher Co. $7,390. 24 Purchased merchandise on account from Atchison Corp, $4,760. 27 Made cash sales for the week totaling $4,780. 30 Recelved payment from Delaney Co. for invoice no, 373. 31 Paid semi-monthly salaries of $13,660 to employees. 31 Sold merchandise on account to Wheeler $9,500, invoice no. 374, terms 1/10,n/30. Mercer Company uses the following journals. 1. Sales journal. 2. Single-column purchases journal. 3. Cash receipts journal. 4. Cash payments journal. 5. General journal. Cash Receipts Journal Accounts Receivable Cr. Sales Revenue Cr. $$\text{Unknown environment 'tabular'}$$ CP1

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