$1$ Record the sale of merchandise for $$400$ cash to Cheryl

Jahn.

$2$ Record the cost of goods sold to Cheryl Jahn at $$300.$

$3$ Record the sale of merchandise for $$4,000$ to Vasko

Athletics on terms $\frac{3}{10},\frac{n}{30}.$

$4$ Record the cost of goods sold to Vasko Athletics at

$$2,500.$

$5$ Record the sale of merchandise for $$6,000$ to Nancy's

Gym on terms $3/10,$ n$/30.$

$6$ Record the cost of goods sold to Nancy's Gym at $$4,000.$

Note : $$ journal entry has been entered $7$ Record the return of goods sold to Nancy's Gym

purchased on November $28.$

$8$ Record the cost of goods returned by Nancy's Gym.

$9$ Record the receipt of cash due from Nancy's Gym.

$10$ Record the receipt of cash due from Vasko Athletics for

the invoice of November $25.$

Note : $=$ journal entry has been enteredThe following transactions were selected from among those completed by Bear's Retail Store:

November $20$ Sold two items of merchandise to Cheryl Jahn, who paid the $$400$ sales price in cash. The goods cost Bear's

$$300.$

November $25$ Sold $20$ items of merchandise to Vasko Athletics at a selling price of $$4,000($total$)$; terms $3/10,$ n$/30.$ The

goods cost Bear's $$2,500.$

November $28$ Sold $10$ identical items of merchandise to Nancy's Gym at a selling price of $$6,000($total$)$; terms $3/10,$ n$/$

The goods cost Bear's $$4,000.$

November $29$ Nancy's Gym returned one of the items purchased on the $28$th$.$ The item was in perfect condition and credit

was given to the customer on account. No further returns are expected.

December $6$ Nancy's Gym paid the account balance in full.

December $30$ Vasko Athletics paid in full for the invoice of November $25.$

Required:

Prepare journal entries to record the transactions, assuming Bear's Retail Store records discounts using the gross method in a

perpetual inventory system. $($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account

field.$)$