On a sheet of notebook paper, draw a Sales Journal like the one that appears in Exhibit 7.8 and journalize the following March 2014 sales transactions for Suttleton Company.
Mar. 3 Sold $3,000 of merchandise to Tim Edson (cost $2,040); terms 2/15, n/30; invoice #1103.
10 $10,800 of merchandise was sold to Willis Company (cost $7,344); terms 2/15, n/30; invoice #1104.
11 Ellton Kingston purchased $7,400 of merchandise (cost $5,032); terms 2/15, n/30, invoice #1105