The following series of transactions occurred during 2015 and 2016 when Flip Company sold merchandise to Mara Natha. Flip Company's fiscal year end is December 31, and they use the perpetual inventory system. Assume 28 days in the month of February. 
Prepare Flip Company's journal entries for the above transactions. Round to 2 decimals.
Definitions:
Chain Line
A line representing the center of a chain's path between two sprockets, important for aligning drivetrain components in machines.
Datum
A reference point, line, or surface on an object used as a basis for geometric calculations, measurements, or to define a coordinate system.
Datum Feature
An exact point, axis, or plane upon which dimensions are based or measurements are taken in technical drawings.
Surface Plate
A flat, rigid plate used as a reference plane for precision inspection, marking, and layout of materials in machining and quality control operations.
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