Fiona's Store had the following transactions during December, the last month of the accounting period: Dec. 1 Sold merchandise on credit for $6,000, cost $4,000 terms 1/10, n/30. 3 Purchased merchandise for cash, $900. 4 Purchased merchandise on credit for $4,600, terms 2/10, n/30. 5 Issued a credit memorandum for $500 to a customer who returned merchandise purchased on November 29, cost $300. 11 Received payment for merchandise sold December 1. 15 Received a credit memorandum for $500 for the return of faulty merchandise purchased on December 4. 18 Paid freight charges of $100 for merchandise ordered last month. 23 Paid for the merchandise purchased December 4 less merchandise returned. 24 Sold merchandise on credit for $8,000, terms 1/10

Fiona's Store had the following transactions during December, the last month of the accounting period: Dec1 Sold merchandise on credit for $6,000, cost $4,000 terms 1/10,n/30. 3 Purchased merchandise for cash, $900. 4 Purchased merchandise on credit for $4,600, terms 2/10,n/30. 5 Issued a credit memorandum for $500 to a customer who returned merchandise purchased on November 29 , cost $300. 11 Received payment for merchandise sold December 1. 15 Received a credit memorandum for $500 for the return of faulty merchandise purchased on December 4. 18 Paid freight charges of $100 for merchandise ordered last month. 23 Paid for the merchandise purchased December 4 less merchandise returned. 24 Sold merchandise on credit for $8,000, terms 1/10n/30, cost $6,500. 31 Received payment for merchandise sold on December 24. Prepare journal entries to record these transactions, using a perpetual inventory system