Journalize the following transactions assuming the perpetual inventory system sold merchandise on account for $3, 750 including terms. The cost of the merchandise sold was $2,000 Issued credit memo for $1, 050 for merchandise return from sale on July 3. The cost of the merchandise returned was $610. Received check for the amount due for sale on July 3 less return on July 5. Sold merchandise for $7,000 plus 6% sales tax to cash customers. The cost of the merchandise sold was $ 3, 830