The following selected transactions were completed by AmsterdamSupply Co., which sells office supplies primarily to wholesalersand occasionally to retail customers. Also note that the companyuses a clearing house to take care of all bank as well as non-bankcredit cards used by its customers.

Record on page 10 of the journal

Mar.	2	Sold merchandise on account toEquinox Co., $18,900, terms FOB destination, 1/10, n/30. The costof the goods sold was $13,300.
	3	Sold merchandise for $11,350 plus6% sales tax to retail cash customers. The cost of the goods soldwas $7,000.
	4	Sold merchandise on account toEmpire Co., $55,400, terms FOB shipping point, n/eom. The cost ofthe goods sold was $33,200.
	5	Sold merchandise for $30,000 plus6% sales tax to retail customers who used MasterCard. The cost ofthe goods sold was $19,400.
	12	Received check for amount due fromEquinox Co. for sale on March 2.
	14	Sold merchandise to customers whoused American Express cards, $13,700. The cost of the goods soldwas $8,350.
	16	Sold merchandise on account toTarghee Co., $27,500, terms FOB shipping point, 1/10, n/30. Thecost of the goods sold was $16,000.
	18	Issued credit memo for $4,800 toTarghee Co. for merchandise returned from sale on March 16. Thecost of the merchandise returned was $2,900.

Record on page 11 of the journal

Mar.	19	Sold merchandise on account toVista Co., $8,250, terms FOB shipping point, 2/10, n/30. Added $75to the invoice for prepaid freight. The cost of the goods sold was$5,000.
	26	Received check for amount due fromTarghee Co. for sale on March 16 less credit memo of March 18.
	28	Received check for amount due fromVista Co. for sale of March 19.
	31	Received check for amount due fromEmpire Co. for sale of March 4.
	31	Paid Fleetwood Delivery Service$5,600 for merchandise delivered during March to customers undershipping terms of FOB destination.
Apr.	3	Paid City Bank $940 for servicefees for handling MasterCard and American Express sales duringMarch.
	15	Paid $6,544 to state sales taxdivision for taxes owed on sales.

Journalize the entries to record the transactions of AmsterdamSupply Co. Refer to the Chart of Accounts for exact wording ofaccount titles.

Amsterdam Supply Co.
General Ledger
ASSETS 110 Cash 121 Accounts Receivable-Empire Co. 122 Accounts Receivable-EquinoxCo. 123 Accounts Receivable-TargheeCo. 124 Accounts Receivable-Vista Co. 125 Notes Receivable 130 Inventory 131 Estimated Returns Inventory 140 Office Supplies 141 Store Supplies 142 Prepaid Insurance 180 Land 192 Store Equipment 193 Accumulated Depreciation-StoreEquipment 194 Office Equipment 195 Accumulated Depreciation-OfficeEquipment LIABILITIES 210 Accounts Payable 216 Salaries Payable 218 Sales Tax Payable 219 Customer Refunds Payable 221 Notes Payable EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends 313 Income Summary Journalize the entries to record the transactions of AmsterdamSupply Co. Refer to the Chart of Accounts for exact wording ofaccount titles. PAGE 10 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST.REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 PAGE 11 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST.REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18