A month has elapsed since Precision Computer Centre's year-end. Tony Freedman will use four specialized journals for recording business transactions in the month of September. To assist you in recording the transactions, the Schedule of Accounts Receivable as of August 31 and the Schedule of Accounts Payable as of August 31 are shown below. An updated chart of accounts with the current balance listed for each account is provided on page 309.

The partial September transactions are as follows:

2013 Sept. Sold $700 worth of merchandise to Taylor Golf on credit, sales invoice No. 12680; terms are 2/10, n/30. Paid amount due to Staples, $100, cheque No. 242. Bought merchandise on account from Multi Systems, purchase order No. 4010, $450; terms are 3/10, n/30. Bought office supplies on account from Staples, purchase order No. 4011, $250; terms are n/30. Received from Taylor Golf balance owing as of August 31 Sold $3,000 worth of merchandise on account to Anthony Pitale, sales invoice No. 12681; terms are 2/10, n/30. Purchased merchandise on account from Computer Connection, purchase order No. 4012, $500; terms are 1/30 n/60. 3 5 5 6 9 10 10 10 Collected $12,000 for cash sales for the week of September 10 Paid Multi Systems re: September 5 purchase, less discount, cheque No. 243 13 16 17 17 17 23 23 25 Remitted outstanding amount payable to Automated Payroll Service for September wages, $1,810.18, cheque No. 245. Issued debit memorandum No. 10 to Computer Connection for merchandise returned from purchase order No. 4012, $100. Paid net amount due to Computer Connection, less discount, cheque No. 246. Collected balance in full from invoice No. 12681, Anthony Pitale. Sold $4,000 worth of merchandise on account to Vita Needle, sales invoice No. 12682; terms are 4/10, n/30. Paid Alpha Office Co. the amount due from the end of August, cheque No. 247. Paid for office supplies, $50, cheque No. 248. Issued credit memorandum to Taylor Golf for $400 worth of merchandise returned, invoice No. 12680. Wrote cheque No. 249 to Able Holdings Inc. for September, October, and November rent, $1,200.00. Sold $1,600 worth of merchandise to Anthony Pitale, invoice No. 12683; terms 2/10, n/30. Collected full payment from Vita Needle, invoice No. 12682. Wrote cheque No. 250 to Automated Payroll Service for September wages, $3,740.20. Paid amount due to West Bell Canada as of August 31 plus the September phone bill received September 13, cheque No. 251. Total $216 27 27 30 30 30 Sept. 30