Journalize each of the following transactions assuming a perpetual inventory system.

April5Sold merchandise to a customer for $7,300; terms 3/10, n/30 (cost of sales $4,580). 7Made a cash sale of $5,600 of merchandise to a customer today (cost of sales $3,560). 8Sold merchandise for $12,900; terms 3/10, n/30 (cost of sales $7,940). 15Collected the amount owing from the credit customer of April 5.May4The customer of April 8 paid the balance owing.

Record sale of merchandise for $7,300; terms 3/10, n/30.

2

Record cost of sales of $4,580 for merchandise sold on April 5.

3

Record the sale of merchandise for $5,600.

4

Record cost of sale of $3,560 for merchandise sold for cash on April 7.

5

Record sale of merchandise for $12,900; terms 3/10, n/30.

6

Record cost of sales of $7,940 for merchandise sold on April 8.

7

Record the collection of amount owed by the customer for sale made on April 5.

8

Record the collection of amount owed by the customer for sale made on April 8.