please do not attempt if you cant do both.

May 1 Sold merchandise for $1,140 cash (cost is $870 ) to Miller. May 4 Purchased merchandise on credit from Allen for $4,300, terms n/30. May 5 The owner, Smith, contributed $7,490 worth of nachinery to the conpany. May 7 Sold $1,170 of used machinery (noninventory) on credit to Johnson, terns n/60. May 14 Purchased equipment for $38,000 by issuing a note payable. May 21 Sold merchandise for $5,600 (cost is $4,960 ) on credit to Jones, terms n/60. May 23 Granted Jones an allowance (price reduction) of $680 for merchandise purchased on May 21 and credited accounts receivable for that amount. May 24 Paid wages of $7,400 with cash. Enter answers in the tabs below. Record the transactions that should be journalized in the general journal. Note: If the transaction is not recorded in the general journal, select "Not recorded in general journal" in the first account field. Journal entry worksheet 1 2 6. 7 8 Purchased equipment for $38,000 by issuing a note payable. Note: Enter debits before credits. May 1 sold merchandise for $1,140 cash (cost is $870 ) to Miller. May 4 Purchased merchandise on credit tros Allen for $4,300, terms n/30. May 5 The owner, Snith, contributed $7,400 worth of sachinery to the company. May 7 sold $1,170 of used machinery (noninventory) on credit to Johnson, terms n/6e. May 14 Purchased equipment for $38, 0e0 by issuing a note payable. May 21 Sold merchandise for $5,600 (cost is $4,960 ) on credit to Jones, terns n/6e. May 23 Granted Jones an altowance (price reduction) of $680 for nerchandise purchased on May 21 and credited accounts receivable for that anount. May 24 Paid wages of 57,408 with cash. Enter answers in the tabs below. Record the transactions that should be journalized in the general journal. Note: If the transaction is not recorded in the general journal, seiect "Not reconded in general journal" in the first account field. Journal entry worksheet 1 2 3 4 5 7 8 > Sold merchandise for $5,600 (cost is $4,960 ) on credit to Jones, terms /60. Notel Inter apbits before credis