F5-8 Prepare journal entries to record the following sales transactions in Feng Company's books. Feng ses a perpetual inventory system. an. 2 Feng sold $20,000 of merchandise to Xiaoyan Company, terms n/30,FOB shipping point. The cost of the merchandise sold was $7,900. 4 The correct company paid freight costs of $215. 6 Xiaoyan returned $1,500 of the merchandise purchased on January 2 because it was not needed. The cost of the merchandise returned was $590, and it was restored to inventory. Feb. 1 Feng received the balance due from Xiaoyan. BE5-9 Prepare journal entries to record the following sales transactions in Dalibor Company's books: Dalibor uses a perpetual inventory system. Mar. 12 Dalibor sold $25,000 of merchandise to Jarek Company, terms 2/10, n/30, FOB destination. The cost of the merchandise sold was $13,250. 13 The correct company paid freight costs of $265. 14 Jarek returned $2,000 of the merchandise purchased on March 12 because it was damaged. The cost of the merchandise returned was $1,060. Dalibor examined the merchandise, decided it was no longer saleable, and discarded it. 22 Dalibor received the balance due from Jarek