Journalize each of the following transactions assuming a perpetual inventory system. Feb. 1 Sold merchandise with a cost of $1,500 for $2,100; terms 2/10, n/30, FOB destination. 2 Paid $225 to ship the merchandise sold on February 1. 3 The customer of February 1 returned half of the amount purchased because it was the incorrect product; it was returned to inventory. 4 Sold merchandise to a customer for $3,800 (cost of sales $2,280); terms 2/10, n/30, FOB destination. 11 Collected the amount owing from the customer of February 1. 23 Sold merchandise to a customer for cash of $1,200 (cost of sales $720). 28 The customer of February 4 paid the amount owing. View transaction list X: 1 11 Record sale of merchandise for $2,100; terms 2/10, n/30, FOB destination. ation. 2 Record cost of sale $1,500 of merchandise sold on February 1. 3 Record delivery expenses for goods sold $225. 4 Record return of merchandise. Credit 5 Record the return merchandise to inventory. 6 Record sale of merchandise for $3,800; terms 2/10, n/30, FOB destination. Note : = journal entry has been entered Record entry Clear entry View general journal 7 Record cost of sales $2,280 of merchandise sold on February 4. ation. 8 Record the collection of amount owed by the customer for sale made on February 1. 9 Record sale of merchandise for $1,200 for cash. Credit 10 Record cost of sales of $720 for merchandise sold on February 23. 11 Record the collection of amount owed by the customer for sale made on February 4. Note : = journal entry has been entered Record entry Clear entry View general journal