Format is the second photo

Prepare journal entries to record the following merchandising transactions of Cabela's, which uses the perpetual inventory system and the gross method. Hint It will help to identify each receivable and payable: for example, record the purchase on July 1 in Accounts Payable--Boden July 1 Purchased merchandise from Boden Company for $6,eee under credit terms of 2/15, n/30, FOB shipping point, invoice dated July 1. 2 Sold merchandise to Creek Co. for $950 under credit terms of 2/10, n/60, FOB shipping point, invoice dated July 2. The merchandise had cost $see. 3 Paid $100 cash for freight charges on the purchase of July 1. 8 Sold merchandise that had cost $1,300 for $1,700 cash. 9 Purchased merchandise from Leight Co. for $2,980 under credit terms of 2/15, n/60, FOB destination, invoice dated July 9. 11 Returned 59ee of merchandise purchased on July 9 from Leight Co. and debited its account payable for that amount. 12 Received the balance due from Creek Co. for the invoice dated July 2, net of the discount. 16 Paid the balance due to Boden Company within the discount period. 19 Sold merchandise that cost $1,8ee to Art Co. for $1,5ee under credit terms of 2/15, 1/60, FOB shipping point, invoice dated July 19. 21 Gave a price reduction (allowance) of $250 to Art Co. for merchandise sold on July 19 and credited Art's accounts receivable for that amount. 24 Paid Leight Co. the balance due, net of discount. 30 Received the balance due from Art Co. for the invoice dated July 19, net of discount. 31 Sold merchandise that cost $4,8ee to Creek co, for $7.200 under credit terms of 2/10, 1/60, FOB shipping point, invoice dated July 31. sces View transaction list View transaction list View journal entry worksheet No Date General Journal Debit Credit