May 1 Boone Hardware Store completed the following merchandising transactions in the month of May: Purchased merchandise on account from Adewale's Wholesale Supply for $4200, FOB Shipping point, terms 2/10, n/30. The Appropriate party also made cash payment of $50 for the freight on this date. 2 Sold Merchandise on account $2000, FOB Shipping point, terms 3/10, n/30. The cost of goods sold was 1,500. 5 Received collections in full, less discount, from customers billed on sales of $2000 on May 2. 9 Paid Adewale's Wholesale Supply in full, less discount. 12 Purchased merchandise on account from Anderson's Wholesale Supply $5000, FOB Destination, terms 2/10, n/30. The Appropriate party also made cash payment of $40 for the freight on this date. 14 Sold Merchandise on account $4000, FOB Destination, terms 3/10, n/30. The Appropriate party also made cash payment of $20 for the freight on this date. The cost of goods sold was 3,500. 16 Granted customers $120 credit for merchandises returned costing $80. 25 Paid Anderson's Wholesale Supply in full. Required: Journalize the above-mentioned transactions using Perpetual Method