Dion is a fashion designer and has no knowledge of basic accounting principles. Dion has asked for your assistance with regard to the following merchandise transactions What are the journal entries required to account for these transactions (using the perpetual method)? 1. Dion purchased stock for $300 on credit. 2. At the end of the month, he paid the creditor $300 for the stock purchased. 3. Dion sold items to Angela, a customer, for $500 cash. The stock originally cost Dion $300. 4. Angela decided to return $50 worth of stock which originally cost Dion $30. 5. Mary, a customer, bought some items for $500 on credit. This originally cost $300. 6. At the end of the month, Mary paid for her credit purchase of $500. 7. Another customer who purchased $500 of stock on credit decided to settle his account early. As a 'thank-you' Dion offered the customer a $25 discount, which the customer accepted. 8. Dion performed a stock-take and found that inventory on the floor was $25 less than what was recorded in the system a