The Alton Company uses the perpetual inventory system. Record these transactions in a two-column journal. All credit sales are n/30.

201X

Aug. 5 Purchased merchandise on account totaling $2,300; terms n/30.

6 Sold merchandise on account to Tommy Donnell for $80. This merchandise cost $58.

8 Returned $150 of defective merchandise purchased August 5.

9 Sold $155 of merchandise for cash. This merchandise cost $103.

9 Allowed a return for credit of $9 of merchandise sold on August 6. The cost of the returned merchandise was $6.

10 Purchased $1,200 of merchandise on account from RJ Supply; terms n/30.

12 Received payment from Tommy Donnell for the August 6 sale less the return.

13 Sold $380 of merchandise for cash. The cost was $250.