R. Lawrence Luggage uses special journals and a general journal. The following transactions occurred during May 2020.

May 1 R. Lawrence invested €40,000 cash in the business.

2 Sold merchandise to Crapsky Co. for €6,300 cash. The cost of the merchandise sold was €4,200.
3 Purchased merchandise for €7,700 from J. Mosca using check no. 101.
14 Paid salary to K. Eyre €700 by issuing check no. 102.
16 Sold merchandise on account to Stanton Company for €900, terms n/30. The cost of the merchandise sold was €630.
22 A check of €9,000 is received from C. Galatoire in full for invoice 101; no discount given.

Instructions
a. Prepare a multiple-column cash receipts journal (see Illustration 7.9) and a multiple-column cash payments journal (see Illustration 7.16). (Use page 1 for each journal.)
b. Record the transaction(s) for May that should be journalized in the cash receipts journal and cash payments journal.