E5.11 (LO 2,3) An inexperienced accountant for Zoeng Ceramics made the following errors in record- ing merchandising transactions. 1. A HK$1,750 refund to a customer for faulty merchandise was debited to Sales Revenue HK$1,750 and credited to Cash HK$1,750. 2. A HK$1,400 credit purchase of supplies was debited to Inventory HK$1,400 and credited to Cash HK$1,400. 3. A HK$2,150 sales discount was debited to Sales Revenue. 4. A cash payment of HK$200 for freight on merchandise purchases was debited to Freight-Out HK$2,000 and credited to Cash HK$2,000