23 Collected payment from Claudio's Chair Company from the July 15 sale. Aug. 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 transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet X Debit Credit 1 Record the sale of goods for cash. 2 Record the cost of goods sold. 3 Record the sale of goods on credit. 4 Record the cost of goods sold. 5 Record the sale of goods on credit. 6 Record the cost of goods sold. 7 Record the entry for cash collected from Claudio's Chair Company. Note := journal entry has been entered The following transactions were selected from the records of Evergreen Company: $850. July 12 sold merchandise to Wally Butler, who paid for the $1,500 purchase with cash. The goods cost Evergreen Company 15 Sold merchandise to Claudio's Chair Company at a selling price of $5,500 on terms 3/10, n/30. The goods cost Evergreen Company $4,000. 20 Sold merchandise to Otto's Ottomans at a selling price of $3,500 on terms 3/10, n/30. The goods cost Evergreen Company $2,150. 23 Collected payment from Claudio's Chair Company from the July 15 sale. Aug. 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 transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet X Debit Credit 1 Record the sale of goods for cash. 2 Record the cost of goods sold. 3 Record the sale of goods on credit. 4 Record the cost of goods sold. 5 Record the sale of goods on credit