3. Quick Computers has the following transactions in July related to the sale of merchandise inventory Cid the icon to view the transactions) Joumalize the sales transactions for Quick Computers assuming the company uses the perpetual inventory system (Record debits first then credits. Select the expl Jul 3 Sold computers on account for $8,000 to South Auto Store, terms 3/15, 1/30 The cost of the computers is 54,800 Begin by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following step Date Accounts and Explanation Debit Credit Jul 3 Now joumalize the expense related to the July 3 sale Date Accounts and Explanation Debit Credit Jul 3 Jul 5 Sold two computers for $2,000 to Alex Harding The cost of the computers is $1.200 Harding paid cash Begin by preparing the entry to journalice the sale portion of the transaction Do not record the expense related to the sale We will do that in the following step Date Accounts and Explanation Debit Credit Jul 5 NA Jourmalize the sales transactions for Quick Computers assuming the company uses the perpetual inventory system (Record debilis fist, then credits Select the explanation on the last Jus Sold two computers for $2,000 to Alex Harding the cost of the computers is 51200 Harding paid cash Begin by preparing the entry to Journalize the sale portion of the transaction De not record the expense related to the sale we will do that in the following step Date Accounts and Explanation Debit Credit Jul 5 Now jumalize the expense related to the 5 sale Date Accounts and Explanation Debit Credit Jul 12 Received of payment from South Auto Store on the balance du Date Accounts and Explanation Jul Debit Credit M15 Harding returned on computer from the My 5 sale. The computer for 51.000 and the cost was 1000 Quick Computers seda refund to the customer Begin by recording them to the custom Do not record the return of the merchandisery yet we will do that in the following step Date Accounts and Explanation Debit Credit ul Now thereum of the marchandise inventory from the 15 eur D Accounts and Explanation Jul 10 Debut Credit