The following selected transactions were completed by Amsterdam Supply Co., which sells office supplies primarily to wholesalers and occasionally to retail customers:Mar 2. Sold merchandise on account to Equinox Co., $18,900, terms FOB destination, 1/10, n/30. The cost of the goods sold was $13,300.Mar 3. Sold merchandise for $11,350 plus 6% sales tax retail cash customers, The cost of goods sold was $7,000Mar 4. Sold Merchandise on account to Empire Co., $55,400, terms FOB shipping point, n/eom. The cost of goods sold was $33,200.Mar 5. Sold merchandise for $30,000 plus 6% sales tax to retail customers who used mastercard. The cost of goods sold was $19,400.Mar 12. Received check for amount due from Equinox Co., for sale on March 2.Mar 14. Sold merchandise to customers who used American Express cards, $13,700. The cost of goods sold was $8,350.Mar 16. Sold merchandise on account to Targhee Co., $27,500, terms FOB shipping point, 1/10, n/30. The cost of goods sold was $16,000.Mar 18. Issued credit memo for $4,800 to Targhee Co. for merchandise returned from sale on March 16. The cost of tye merchandise returned was $2,900.Mar 19. Sold merchandise on account to Vista Co., $8,250, terms FOB shipping point, 2/10, n/30. Added $75 to the invoice for prepaid freight. The cost of goods sold was $5,000. Mar 26. Received check for amount due from Targhee Co., for sale on March 16 less credit memo of March 18. Mar 28. Received check for amount due from Vista Co., for sale of March 4.Mar 31. Received check for amount due from Empire Co, for sale of March 4.Mar 31. Paid Fleetwood Delivery Service $5,600 for merchandise delivered during March to customers under shipping terms of FOB destination.Apr 3. Paid City Bank $940 for service fees for handling MasterCard and American Express sales during March.Apr 15. Paid $6,544 to state sales tax division for taxes owed on sales.. Instructions Journalize the entries to record the transactions of Amsterdam Supply Co.

Hello, need help with this Data Case. See the questions below and the rubric attached. Assume today is March 16, 2016. Natasha Kingery is 30 years old and has a Bachelor of Science degree in computer science. She is currently employed as a Tier 2 field service representative for a telephony corporation located in Seattle, Washington, and earns $38,000 a year that she anticipates will grow at 3% per year. Natasha hopes to retire at age 65 and has just begun to think about the future.Natasha has $75,000 that she recently inherited from her aunt. She invested this money in 30-year Treasury Bonds. She is considering whether she should further her education and would use her inheritance to pay for it.She has investigated a couple of options and is asking for your help as a financial planning intern to determine the financial consequences associated with each option. Natasha has already been accepted to both of these programs, and could start either one soon.One alternative that Natasha is considering is attaining a certification in network design. This certification would automatically promote her to a Tier 3 field service representative in her company. The base salary for a Tier 3 representative is $10,000 more than what she currently earns and she anticipates that this salary differential will grow at a rate of 3% a year as long as she keeps working. The certification program requires the completion of 20 Web-based courses and a score of 80% or better on an exam at the end of the course work. She has learned that the average amount of time necessary to finish the program is one year. The total cost of the program is $5000, due when she enrolls in the program. Because she will do all the work for the certification on her own time, Natasha does not expect to lose any income during the certification.Another option is going back to school for an MBA degree. With an MBA degree, Natasha expects to be promoted to a managerial position in her current firm. The managerial position pays $20,000 a year more than her current position. She expects that this salary differential will also grow at a rate of 3% per year for as long as she keeps working. The evening program, which will take three years to complete, costs $25,000 per year, due at the beginning of each of her three years in school. Because she will attend classes in the evening, Natasha doesn’t expect to lose any income while she is earning her MBA if she chooses to undertake the MBA.Determine the interest rate she is currently earning on her inheritance by going to the U.S. Treasury Department Web site (treasury.gov) and selecting “Data” on the main menu. Then select “Daily Treasury Yiled Curve Rates” under the Interest Rate heading and enter the appropriate year, 2016, and then search down the list for March 16 to obtain the closing yield or interest rate that she is earning. Use this interest rate as the discount rate for the remainder of this problem.Create a timeline in Excel for her current situation, as well as the certification program and MBA degree options, using the following assumptions: Salaries for the year are paid only once, at the end of the year.The salary increase becomes effective immediately upon graduating from the MBA program or being certified. That is, because the increases become effective immediately but salaries are paid at the end of the year, the first salary increase will be paid exactly one year after graduation or certification.Calculate the present value of the salary differential for completing the certification program. Subtract the cost of the program to get the NPV of undertaking the certification program.Calculate the present value of the salary differential for completing the MBA degree. Calculate the present value of the cost of the MBA program. Based on your calculations, determine the NPV of undertaking the MBA.Based on your answers to Questions 3 and 4, what advice would you give to Natasha? What if the two programs are mutually exclusive? That is, if Natasha undertakes one of the programs there is no further benefit to undertaking the other program. Would your advice be different?