Finer Company uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements journal, and a general journal. The following transactions occur in the month of May. May 2 Sold merchandise costing $440 to B. Facer for $660 cash, invoice no. 5703 5 Purchased $2,650 of merchandise on credit from Marchant Corp. 7 Sold merchandise costing $1,188 to . Dryer for $1,723, terms 1/10, n/30, invoice no. 5704 8 Borrowed $8,000 cash by signing a note payable to the bank. 12 Sold merchandise costing $297 to R. Lamb for $475, terms n/30, invoice no. 5705 16 Received $1,706 cash from . Dryer to pay for the purchase of May 7. 19 Sold used store equipment for $980 cash to Golf, Inc 25 Sold merchandise costing $490 to T. Taylor for $769, terms n/30, invoice no. 5706. Journalize the May transactions that should be recorded in the sales journal assuming the perpetual inventory system is used. SALES JOURNAL Accounts Cost of Goods Date Account Debited Invoice Number Receivable Dr Sales Cr Inventory Cr