10 The following transactions were selected from the records of Evergreen Company July 12Sold merchandise to Wally Butler, who paid the $1,000 purchase with cash. The goods cost Evergreen Company $600. 15 Sold merchandise to Claudio's Chair Company at a selling price of $5,000 on terms 3/10, n/30. The goods cost Evergreen Company $3,500. 20 Sold merchandise to Otto's Ottomans at a selling price of $3,000 on terms 3/10, n/30. The goods cost Evergreen Company $1,900. Collected payment from Claudio's Chair Company from the July 15 sale. 23 Collected payment from Otto's Ottomans from the July 20 sale. 25 Required: Prepare journal entries to record the transactions, assuming Evergreen Company uses a perpetual inventory system. (If no entry is required for a transactionievent, select "No Journal Entry Required" in the first account field.) View transaction list Import a new list 1 Record the cash sales of $1,000 to Wally Butler 2 Record the cost of goods sold of $600 3 Record the sales on account of $5,000 to Claudio's Chair Company on terms 3/10, n/30 4 Record the cost of goods sold of $3,500 5 Record the sales on account of $3,000 to Otto's Ottomans on terms 3/10, n/30 6 Record the cost of goods sold of $1,900. Note: -journal entry has been entered Record entry View general journal Clear entry 10 The following transactions were selected from the records of Evergreen Company July 12Sold merchandise to Wally Butler, who paid the $1,000 purchase with cash. The goods cost Evergreen Company $600. 15 Sold merchandise to Claudio's Chair Company at a selling price of $5,000 on terms 3/10, n/30. The goods cost Evergreen Company $3,500. 20 Sold merchandise to Otto's Ottomans at a selling price of $3,000 on terms 3/10, n.30. The goods cost Evergreen Company $1,900. Collected payment from Claudio's Chair Company from the July 15 sale. 23 25 Collected payment from Otto's Ottomans from the July 20 sale. Required: Prepare journal entries to record the transactions, assuming Evergreen Company uses a perpetual inventory system. (If no entry is required for a transactionievent, select "No Journal Entry Required" in the first account field.) View transaction list Import a new list Claudio's Chair Company on terms 3/10, n/30 4 Record the cost of goods sold of $3,500 5 Record the sales on account of $3,000 to Otto's Ottomans on terms 3/10, n/30 6 Record the cost of goods sold of $1,900. 7 Record the receipt of payment in full 8 Record the receipt of payment in full Note: -journal entry has been entered from Otto's Ottomans. Record entry View general journal Clear entry