B Stella corporation is a merchandiser who uses a 5 perpetual inventory system. Journalize the following transactions in good form. 7 8 5-Jan Stella purchased merchandise on account 9 from a vendor who does not offer purchase 10 discounts. Cost: $5,000 11 12 6-Jan Stella purchased merchandise for cash. $1,000 13 14 7-Jan Purchased merchandise on account, tern $10,000 15 2/10,n/30. Assume discount will be taken. 16 17 8-Jan Purchased merchandise on account, term $6,000 18 1/5, nleom. Assume discount will be taken. 19 20 17-Jan Paid off account payable from Jan 7 within 21 the discount period 22 23 18-Jan Paid off account payable from Jan 8 outside 24 of the discount period. Lost discount. 25 26 19-Jan Sold merchandise for cash at a price of: 27 $1.500 Cost of merchandise to Stella was: 28 $1,000 29 **** Sold merchandise on credit at price of 30 with terms of 2/10, net 30 record at $1,500 31 discounted price> Inventory cost Stella 32 $900 33 **** Customer from January 20th paid her receivable in full and within the discount 35 period Homework Sheets