LCW Company completed the following merchandising transactions using a perpetual inventory system. Sept 4 LCW Company uses as a purchase invoice the sales invoice prepared by CL Audio Company of RM3800 with credit terms 2/10, n/30. 6 Upon delivery of the goods, LCW Company pays Public Freight Company RM150 for freight charges. 8 LCW Company returned goods costing RM300 to CL Audio Company 10 Sold goods on account to LD Company at RM5,000, term 1/10, n/30. The cost of the goods sold was RM2100 14 LCW Company pays the balance due of RM3,50 (gross invoice price of RM3,800 less purchase returns and allowances of RM300). Instruction a) Prepare the journal entry to records LCW Company transactions above. b) Post the above transactions to "Merchandise Inventory" ledger to calculate the balance of merchandise inventory if LCW Company have beginning balance of RM1,00