record the january transactions in the appropriate journal noted 616462

101 Cash

401 Sales Revenue

112 Accounts Receivable

412 Sales Returns and Allowances

120 Inventory

414 Sales Discounts

126 Supplies

505 Cost of Goods Sold

157 Equipment

726 Salaries and Wages Expense

201 Accounts Payable

3

Purchased merchandise on account from Gallagher Co. $9,000.

4

Purchased supplies for cash $80.

4

Sold merchandise on account to Wheeler $5,250, invoice no. 371, terms 1/10, n/30.

5

Returned $300 worth of damaged goods purchased on account from Gallagher Co. on January 3.

6

Made cash sales for the week totaling $3,150.

8

Purchased merchandise on account from Phegley Co. $4,500.

9

Sold merchandise on account to Linton Corp. $5,400, invoice no. 372, terms 1/10, n/30.

11

Purchased merchandise on account from Cora Co. $3,700.

13

Paid in full Gallagher Co. on account less a 2% discount.

13

Made cash sales for the week totaling $6,260.

15

Received payment from Linton Corp. for invoice no. 372.

15

Paid semi-monthly salaries of $14,300 to employees.

17

Received payment from Wheeler for invoice no. 371.

17

Sold merchandise on account to Delaney Co. $1,200, invoice no. 373, terms 1/10, n/30.

19

Purchased equipment on account from Dozier Corp. $5,500.

20

Cash sales for the week totaled $3,200.

20

Paid in full Phegley Co. on account less a 2% discount.

23

Purchased merchandise on account from Gallagher Co. $7,800.

24

Purchased merchandise on account from Atchison Corp. $5,100.

27

Made cash sales for the week totaling $4,230.

30

Received payment from Delaney Co. for invoice no. 373.

31

Paid semi-monthly salaries of $13,200 to employees.

31

Sold merchandise on account to Wheeler $9,330, invoice no. 374, terms 1/10, n/30.