Carla Vista Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, Carla Vistas' ledger showed Cash of $9,000 and Common Stock of $9,000. May 1 Purchased merchandise on account from Black Wholesale Supply for $9,000, terms 1/10, n/30. 2 Sold merchandise on account for $5,400, terms 2/10, n/30. The cost of the merchandise sold was $4,300. 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 $4,000. 15 Received $230 refund for return of poor-quality merchandise from supplier on cash purchase. 17 Purchased merchandise from Wilhelm Distributors for $3,400, terms 2/10, n/30. 19 Paid freight on May 17 purchase $250. 24 Sold merchandise for cash $5,500. The cost of the merchandise sold was $4,100. 2222225 Purchased merchandise 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 $108. The returned merchandise had cost $96. 31 Sold merchandise on account for $1,280, terms n/30. The cost of the merchandise sold was $816. Post the transactions to T-accounts. Be sure to enter the beginning cash and common stock balances. (Post entries in the order of journal entries posted in part (a). Round answers to O decimal places, e.g. 5,275.) 5/1 Cash 5/24 5/9 5/27 5/10 5/11 5/12 5/15 5/19 5/29 5/31 Bal. Accounts Receivable Inventory Supplies Accounts Payable Common Stock Sales Revenue Sales Returns and Allowances Sales Discounts Cost of Goods Sold