Journalize each of the following transactions assuming a perpetual inventory system. You are not required to identify the account number in your journal entries. April May 5 Sold merchandise to a customer for $6,400; terms 3/10, n/30 (cost of sales $3,680) 7 Made a cash sale of $4,700 of merchandise to a customer today (cost of sales $2,660). S Sold merchandise for $12,000; terms 3/10, n/30 (cost of sales $7,040). 15 Collected the amount owing from the credit customer of April 5. 4 The customer of April 8 paid the balance owing. The company's chart of accounts include the following 101 106 119 201 401 414 415 500 Cash Accounts receivable Merchandise inventory Accounts payable Sales Sales returns and allowances Sales discounts Cost of goods sold

Journalize each of the following transactions assumine a perpetual inventory system You are not required to identify the account number in your journal entries. The company's chart of accounts include the following