i was wondering if i could have help with this problem . can you possbly explain it too?

Problem 4-1A Preparing journal entries for merchandising activities-perpetual system LO P1, P2 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 identity each receivable and payable: for example, record the purchase on July 1 in Accounts Payable--Boden. Puly 1 Purchased merchandise from Boden company for $6,500 under credit terns of 2/15, 1/30, For shipping point, 2 sola merchandise to creek co. for $950 under credit terns of 2/10, 1/60. ro shipping point, Invoice dated suly 2. The merchandise had cost $525. Pasd 111 cath for treight charges on the purchase of July 1. Durchased matchandise from Leight co. for $2.600 under credit tema of 2/15, 1/60, rou destination, Involve 11 weturned 1800 of nucehandise purchased on July tron Lasght Co. and debited its account payable for that Anout. 12 Received the balance de from Creek Co. for the invoice dated July 2. net of the discount. Taid the balance de to Boden company within the discount period 19 sold serchandise that cost $1,000 to Art Co. for $1.500 under credit terns of 2/15, 1/60. POD shipping point, Invoice dated July 19. 21 Cave price reduction allowance) of 250 to Art Co. for merchandise sold on July 19 and credited Art accounts receivable for that amount 24 Paid Leight co the balance don, net of discount. 30 Received the balance de fron Art Co. for the invoice dated July 19, not of discount 11 sold merchandise that $5,100 to Creek Co. tor 1%, 100 under credit teens of 1/10, w/80, POB ping point, Invoice tedy ). 3 View our entry wishes No Crew Date 1 General Journal Merchandise invertory Accounts payati Bodin Deba 0,300 1 8,300 2 JU Acevitorek 950 150 July 25 Gent MechWay 125 2 118 Merchandise Can 115 (Cach 2.00