Grouper Warehouse distributes suitcases to retail stores and extends credit terms of n/30 to all of its customers. Grouper Warehouse uses a perpetual inventory system the earnings approach. At the end of June its inventory consisted of 30 suitcases purchased at $30 each. During the month of July, the following merchandising transactions occurred:

July 1		Purchased 50 suitcases on account for $30 each from Trunk Manufacturers, terms n/30, FOB destination.
2		The correct company paid $135 freight on the July 1 purchase.
4		Received $150 credit for five suitcases returned to Trunk Manufacturers because they were damaged.
10		Sold 45 suitcases that cost $30 each to Satchel World for $65 each on account.
12		Issued a $325 credit for five suitcases returned by Satchel World because they were the wrong colour. The suitcases were returned to inventory.
15		Purchased 60 additional suitcases from Trunk Manufacturers for $27.50 each, terms n/30, FOB shipping point.
18		Paid $150 freight to AA Trucking Company for merchandise purchased from Trunk Manufacturers.
21		Sold 57 suitcases that cost $30 each to Fly-By-Night for $65 each on account.
23		Gave Fly-By-Night a $130 credit for two returned suitcases. The suitcases had been damaged and were sent to the recyclers.
30		Paid Trunk Manufacturers for the July 1 purchase.
31		Received balance owing from Satchel World.

Record the transactions for the month of July for Grouper Warehouse. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.)

Date	Account Titles and Explanation	Debit	Credit
July 1July 2July 4July 10July 12July 15July 18July 21July 23July 30July 31
	(Purchase on account.)
July 1July 2July 4July 10July 12July 15July 18July 21July 23July 30July 31
July 1July 2July 4July 10July 12July 15July 18July 21July 23July 30July 31
	(To record credit for goods returned.)
July 1July 2July 4July 10July 12July 15July 18July 21July 23July 30July 31
	(To record sales on account.)
July 1July 2July 4July 10July 12July 15July 18July 21July 23July 30July 31
	(To record cost of goods sold.)
July 1July 2July 4July 10July 12July 15July 18July 21July 23July 30July 31
	(To record sales return.)
July 1July 2July 4July 10July 12July 15July 18July 21July 23July 30July 31
	(Cost of goods returned.)
July 1July 2July 4July 10July 12July 15July 18July 21July 23July 30July 31
	(Purchase on account.)
July 1July 2July 4July 10July 12July 15July 18July 21July 23July 30July 31
	(To record freight on purchase.)
July 1July 2July 4July 10July 12July 15July 18July 21July 23July 30July 31
	(To record sales on account.)
July 1July 2July 4July 10July 12July 15July 18July 21July 23July 30July 31
	(To record cost of goods sold.)
July 1July 2July 4July 10July 12July 15July 18July 21July 23July 30July 31
	(To record sales return.)
July 1July 2July 4July 10July 12July 15July 18July 21July 23July 30July 31
	(Payment on account.)
July 1July 2July 4July 10July 12July 15July 18July 21July 23July 30July 31
	(Collection on account.)