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 $430 to B. Facer for $645 cash, invoice no. 5703 5 Purchased $2,450 of merchandise on eredit from Marchant Corp. 7 Sold merchandise costing $1,161 to J. Dryer for $1,683, terms 2/10, n/30, invoice no. 5704 8 Borrowed $8,000 cash by signing a note payable to the bank. 12 Sold merchandise costing $290 to R. Lanb for $464, terms n/30, invoice no. 5705 16 Received $1,649 cash from J. Dryer to pay for the purchase of May 7 19 Sold used store equipment for $900 cash to Golf, Inc. 25 Sold merchandise costing $480 to T. Taylor for $754, 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 Date Account Debited Invoice Number Receivable Dr Cost of Go Sold Dr