1. Maeve's Wholesaler had the following transactions during December, the last month of the accounting period: (20 marks)

Dec.	12	Sold merchandise on credit to Jacks Convenience for $7,000, cost $3,000 terms 1/10, n/30.
	13	Purchased $1,900 merchandise for cash from Western Distribution.
	14	Purchased merchandise on credit from Eastern Distribution for $5,600, terms 2/10, n/30.
	15	Issued a credit memorandum for $600 to a Jacks who returned merchandise purchased December 1, cost $400.
	21	Received payment for merchandise sold December 12.
	22	Received a credit memorandum for $600 for the return of faulty merchandise to Eastern Distribution. Merchandise purchased on December 14.
	18	Paid freight charges of $50 for merchandise ordered December 14.
	20	Paid for the merchandise purchased December 14 less merchandise returned.
	22	Sold merchandise on credit for $9,000, terms 1/10 n/30, cost $6,500.
	27	Received payment for merchandise sold on December 22.

Prepare general journal entries to record these transactions, using a perpetual inventory system.