Cosmetic Beauty has provided you with the following transactions for the month of July 2021.

Jul 2	A customer returned $830 of goods purchased on account. The cost of goods sold for the returned inventory is $498.
Jul 4	Purchased goods from Dine Products on account for $15,200 with terms of 3/10, net 30.
Jul 5	Made a cash sale of $9,100. The cost of goods sold for this transaction was $5,460.
Jul 12	Paid up amount owing to Dine Products from Jul 4 purchase.
Jul 15	Sold $105,100, of products to Shaw Storage on account, terms 2/10, net 30; cost of goods sold was $42,040 for this transaction.
Jul 20	Customer from Jul 15 purchase paid their amount owing.
Jul 23	Purchased $245,600 of inventory on account from Marsha Wholesalers, FOB destination, terms 2/10, net 30.
Jul 27	A count of inventory shows that $800 is missing. Make a journal entry to record the inventory shrinkage.

Required Prepare the journal entries to record the above transactions. Assume the company uses the perpetual inventory system. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. For transactions that have 2 debits or 2 credits, enter the accounts in alphabetical order.

Date	Account Title and Explanation	Debit	Credit
Jul 2	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	Customer returned goods
Jul 4	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	Purchased inventory
Jul 5	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	Record sales
Jul 12	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	Paid amount owing to the supplier
Jul 15	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	Record sales
Jul 20	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	Received payment from customer
Jul 23	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	Purchased inventory
Jul 27	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	AnswerAccounts PayableAccounts ReceivableCashCost of Goods SoldMerchandise InventorySalaries ExpenseSales DiscountSales Returns & AllowancesSales RevenueSupplies ExpenseTelephone ExpenseTravel ExpenseUnearned Revenue	Answer	Answer
	Record inventory shrinkage