Svenska Shirts uses special journals and a general journal. The following transactions occurred during May 2008.

May

1 ...I. Svenska invested $60,000 cash in the business in exchange for comman stock.

2 ...Sold merchandise to Sherrick Country Club for $6,300 cash. The cost of the merchandise sold was $4,200.

3 ...Purchased merchandise for $8,200 from J. Rome using check no. 101.

14 ...Paid salary to H. Potter $700 by issuing check no. 102

16 ...Sold merchandise on account to Denmark Diner for $900, terms n/30. The cost of the merchandise sold was $630.

22 ...A check of $9,000 is received from Irish Pub in full for invoice 101; no discount given.

(a) Draw a multicolumn cash receipts journal and a multicolumn cash payments journal

(b) Record the transaction(s) for May that should be journalized in the cash receipts journal and cash payments journal.