LU Umple This Test: 12 Journalize the following transactions. Assume the perpetual inventory system. (Click the icon to view the transactions.) (Record debits first, then credits. Exclude explanations from journal entries.) December 4: Sold merchandise for $450 cash. The cost of merchandise was $350. Begin by journalizing the revenue from the sale of merchandise. Do not record the cost of the sale yet. We will do that in the following step. Date Journal Entry Accounts PR Cr. Dec Choose from any list or enter any number in the input fields and then continue to the next question MacBook Journalize the following transactions. Assume the perpetual inventory system. (Click the icon to view the transactions.) (Record debits first, then credits. Exclude explanations from journal entries.) Now journalize the cost of the merchandise sold. Journal Entry Date Accounts Dec. Choose from any list or enter any number in the input fields and then continue to the next question. MacBook 201 - $ % Journalize the following transactions. Assume the perpetual Inventory system (Click the icon to view the transactions.) (Record debits first, then credits. Exclude explanations from journal entries.) December 9: Purchased merchandise from Ree Co. on account, $3,300, F.O.B. shipping point (buyer pays freight); terms 2/10, n/30. Freight to be paid on December 20. Journal Entry Date Accounts Dec. 9 Choose from any list or enter any number in the input fields and then continue to the next question. MacBook 30 Journalize the following transactions. Assume the perpetual inventory system. (Click the icon to view the transactions.) (Record debits first, then credits. Exclude explanations from journal entries.) December 20: Paid freight on December 9 purchase, $110. Journal Entry Accounts Date Dec. 20 Choose from any list or enter any number in the input fields and then continue to the next question. MacBook