and purchase-related transactions using perpetual inventory system he following were selected from among the transactions completed by Essex Company during July of the current year: Jly 3. Purchased merchandise on account from Hamling Co., list price $84,000, trade discount 25%, terms FOB shipping point, 2/10, n/30, with prepaid freight of $990 added to the invoice. 5. Purchased merchandise on account from Kester Co., $49,350, terms FOB destination, 2/10, n/30. 6. Sold merchandise on account to Parsley Co., $16,030, terms n/15. The cost of the goods sold was $9,320. 7. Returned merchandise with an invoice amount of $13,500 purchased on July 5 from Kester Co. 13. Paid Hamling Co. on account for purchase of July 3. 15. Paid Kester Co. on account for purchase of July 5 , less return of July 7. 21. Received cash on account from sale of July 6 to Parsley Co. 1. Sold merchandise with a list price of $229,240 to customers who used MasterCard and who redeemed $8,700 of point-of-sale coupons. The cost of the goods sold was $131,900. 22. Sold merchandise on account to Tabor Co., $51,200, terms n/30. The cost of the goods sold was $35,320. 23. Sold merchandise for cash, $37,940. The cost of the goods sold was $23,970. 28. Paid Parsley Co. a cash refund of $5,740 for returned merchandise from sale of July 6 . The cost of the returned merchandise was $3,560. 31. Paid MasterCard service fee of $3,280. 31. During July, printed a coupon with each customer's sales receipt for $1 off the customer's next purchase of over $10. The coupons may be redeemed during August. Of the total of 34,000 coupons printed, it is estimated that 60% will be redeemed. equired: . Journalize the transactions. If an amount box does not require an entry, leave it blank