Blue Spruce Corp. completed the following merchandising transactions in the month of May. At the beginnjng of May, thr ledger of Blue spruce corp. showed cash of $7300 and common stock of $7800.

enter the beginning cash and common stock balances and post thr transactions. (for cash, AR, inventory, supplies, AP, common stock, sales revenue, sales returns and allowances, sales discounts, COGS)

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May 1 Purchased merchandise on account from Black Wholesale Supply for $7,800, terms 1/10,n/30. 2 Sold merchandise on account $4,200, terms 2/10,n/30. The cost of the merchandise sold was $3,400. 5 Received credit from Black Wholesale Supply for merchandise returned $200. 9 Received collections in full, less discounts, from customers billed on May 2. 10 Paid Black Wholesale Supply in full, less discount. 11 Purchased supplies for cash $900. 12 Purchased merchandise for cash $2,700. 15 Received $250 refund for return of poor quality merchandise from supplier on cash purchase. 17 Purchased merchandise on account from Wilhelm Distributors for $2,500, terms 2/10,n/30. 19 Paid freight on May 17 purchase $240. 24 Sold merchandise for cash $5,600. The merchandise sold had a cost of $4,300. 25 Purchased merchandise on account from Clasps, Inc. For $800, terms 3/10,n/30. 27 Paid Wilhelm Distributors in full, less discount. 29 Made refunds to cash customers for returned merchandise $129. The returned merchandise cost $9. 31 Sold merchandise on account for $1,380 terms n/30. The cost of the merchandise sold was $810