1)1-Aug Purchased Inventory from John's company for $24,000, terms: 2/15,n/30FOB 2)2-Aug Business sold merchandise inventory to MicroUniverse Co. for $4,800, terms: 3/10, n/60 FOB. The merchandise had cost 3,000 3)3-Aug Paid $200 for freight charges on the purchase of Aug1, 2020 4)9-Aug Purchased inventory from Khan Co. For $9,200, terms: 3/15, n/60 5)12-Aug Business returned $1200 inventory purchased on Aug 9 from Khan Co. due to quality issue. 6)12-Aug Received balance due from MicroUniverse Co. for the credit sales dated Aug2. 7)16-Aug Paid the balance due tojohn's company. 8)19-Aug Sold merchandise that cost $3,600 to UltraCity Co. for $5,000 under the terms of 3/15,n/60, FO8 9)21-Aug issued a $600 credit memo to UltraCity Co., for an allowance on goods sold on Aug19, 2020 10)22-Aug Received a debit memo from UltraCity Co. for an error that overstated the total invoice by 5200 11)24-Aug Paid Khan Co, the balance due 12)30-Aug Received the balance due from Ultracity for the credit sales dated on Aug19. Please make entries for the above transactions under Perpetual Inventory system. If any transaction is calculation related, please show the calculation details. Please also indicate if each entry is Sales