Marigold Hardware Store Inc. completed the following merchandising transactions in the month of May 2025. At the beginning of May, Marigold's ledger showed Cash of $8,200 and Common Shares of $8,200. May Purchased merchandise on account from Hilton Wholesale Supply for $8,200. terms 2/10, /30 Sold me andise sold was $3,500. chandise returned $250. istomers billed on May 2. 10 Hilton Wholesale Supply in full, less discount 11 Purchased supplies for cash $880. 12 Purchased m erchandise for cash $2,650. 15 Received $290 refund for return of poor-quality merchandise from supplier on cash purchase. 17 Purchased m em Distributors for $2,450, terms 2/10, n/30. 19 Paid freight on May 17 purchase $290. 24 Sold merchandise for cash $5,200. The cost of the merchandise sold was $4.100. 25 Purchased me olware Inc. for $780, terms 3/10, n/30. 27 Paid Northern Distributors in ful 29 Made refunds to cash customers for retur lise $118. Th turned merchandise was returned to inventory and had cost $90. 31 Sold merchan 1006$ sem plas asipue Marigold Hardware uses a perpetual inventory system and expects a return rate of 3%% on all sales. (a) Record the above transactions. (Credit account titles are automatically indented when the amount is and enter O for the amounts. Round your answers to O decimal places. e-3. 5.275. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit (To record sale of merchandise on account) (To record cost of goods sold) (To record sale of merchandise) (To record cost of goods sold) (To record sales returns) (To record cost of inventory returned) (To record sale of merchandise) (To record cast of goods sold)