Listed below are some transactions for Resistant Products Ltd., which uses a perpetual inventory system and reports under ASPE May 2 3 5 7 Sold inventory on account to Jameson Inc., terms 2/10, n/30. Selling price $16,400; cost $6,560. Received a portion of the inventory sold on the previous day because it was damaged inventory that could never be sold in the future. Selling price $1,230; cost $492 Received a portion of the inventory sold on May 2 that was in good condition and could be sold to other customers in the future. Selling price $1,670, cost $984. Received payment in full from Jameson Inc. for the amount due from the sale made on May 2. (a) Record the journal entry or entries for each of the transactions above. Date Account Titles and Explanation eTextbook and Media List of Accounts Debit Credit