Using the following data prepare:

A. The sales Journal

B. The sales ledger accounts.

C. The purchases journal

D. The purchases ledger

Balance each account

A. Blair is a dealer in sporting equipment. the following are his purchases and sales for May 2008.

May 1 Blair received from S&G Ltd. a shipment of:

20 bats at $500 each

12 sets of stumps at $200 per set

8 pairs of gloves at $100 per pair

The entire shipment from S&G Ltd. was subject to a 20 percent trade discount

May 6 Blair sold the following items on credit to Marshall:

3 Bats if $800

6 sets of stumps at $400 per set

May 9 Blair bought from Samspson's Cricket Centre

5 dozen cricket balls at $120per dozen

May 16 Blair sold the following to C. Clark on credit

4 pairs of gloves at $150 per pair

May 23 Blair returned two damaged bats to S& G Ltd.

May 25 Marshall paid for goods bought on May 6 and received a 5 percent cash discount