I am reposting as it is not done yet since 4 days

Part I. Recording the transactions. Exercise 1. Blue Co engaged in the following transactions during July 2022: Required: Based on the information below, journalize the transactions. (36 Points) 5 Paid delivery cost on merchandise rrom Ruff Company, terms n/30,FOB shipping point, $7,600. 12 Returned some of the merchande received, $580. 18 Accepted for full the merchandise purchased on July 3 for credit, $1,200. (cost,$240). 24 Paid Ruff Company for purchase of July 3 less return of July 12. 25 Received check from Lina Co for July 1 purchase less the return on Julv 10