HW 2: Tony's Tables uses a perpetual inventory system and had the following sales transactions during May of this year. Requirement: Journalize the transactions. May 4 Sold $5,000 of tables to Loop 410 Cafe on account, credit terms 3/15, n/30. Cost of goods is $2,800 General Journal Account Name: Debit Credit General Journal Account Name Debit Credit May 8-Received a $300 sales return on damaged goods from the customer. Cost of goods damaged $180 4. General Journal Account Name Debit Sales returns +Allowan 300- Accounts Receivable - Loop 410 Cafe Credit 300 General Journal Account Name Debit Credit RRM May 13 Received payment from the customer on account due from May 4, less the return and discount General Journal Account Name Debit Credit Cash 4,559 5. 141 Accounts Receivable - Loop 410 Cafe 4,700