Journalize the following transactions. Assume a perpetual inventory system. 201X Jul. 8 Sold merchandise on account, $640,

Question:

Journalize the following transactions. Assume a perpetual inventory system.
201X
Jul. 8 Sold merchandise on account, $640, Ring; terms 2/10, n/30. Cost of merchandise was $380.
12 Purchased office equipment on account from TRE Co., $1,300.
13 Made refunds to cash customers, $150, for defective merchandise. The cost of defective merchandise was $35.