5. Bargain Wholesalers sells pet supplies to retailers including Pet World Supplies. Bargain Wholesalers uses a perpetual inventory. Joumalize the following transactions: May 4 Bargain Wholesalers sells inventory to Pet World Supplies for $8,250 with terms 1/10, 1/30. The cost of the merchandise is $5,755. 7 Bargain Wholesalers sells an additional $10,985 in inventory to Pet World Supplies with terms 1/10, n/30. The cost of the merchandise is $6,925. 13 Bargain Wholesalers receives a check from Pet World Supplies paying the balance due on both invoices Journal Debit Credit Date Description