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help please! also i dont know if the information filled on second picture is correct Oriole Hardware Store completed the following merchandising transactions in the

help please! also i dont know if the information filled on second picture is correct image text in transcribed
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Oriole Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May. Orioles' ledger showed Cash of $7,400 and Common Stock of $7,400. May 1 2 5 9 10 11 12 15 17 Purchased merchandise on account from Black Wholesale Supply for $7,400, terms 1/10,n/30. Sold merchandise on account for $3,800, terms 2/10,n/30. The cost of the merchandise sold was $2,700. Received credit from Black Wholesale Supply for merchandise returned $200. Received collections in full, less discounts, from customers billed on May 2. Paid Black Wholesale Supply in full, less discount. Purchased supplies for cash $900. Purchased merchandise for cash $2,500. Received $230 refund for return of poor-quality merchandise from supplier on cash purchase. Purchased merchandise from Wilhelm Distributors for $1,900, terms 2/10, 1/30. Paid freight on May 17 purchase $250. Sold merchandise for cash $5,500. The cost of the merchandise sold was $4,100. Purchased merchandise from Clasps Inc. for $800, terms 3/10, 1/30. Paid Wilhelm Distributors in full, less discount. Made refunds to cash customers for returned merchandise $88. The returned merchandise had cost $88. Sold merchandise on account for $1,250, terms n/30. The cost of the merchandise sold was $776. 19 24 25 27 29 31 Prepare an income statement through gross profit for the month of May 2022. (Round answers to 0 decimal places, e.g. 5,275.) ORIOLE HARDWARE STORE Income Statement (Partial) For the Month Ended May 31, 2022 Sales Sales Revenue Less : Sales Returns and Allowances Sales Discounts Net Sales Cost of Goods Sold Gross Profit

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