Mays Co. distributes baseball bats to retail stores and extends credit terms of 3/10, n/30 to all of its customers. During the month of December, the following merchandising transactions occurred. Dec 1 Sold suitcases on account to Ruth, Inc. for $2,200. The cost of suitcases sold is $1,400. 3 Purchased baseball bats on account for $1,600 from Mantle Manufacturers, terms 2/10,n/30. 9 Received payment in full from Ruth, Inc. 10 Paid Mantle Manufacturers in full. 17 Sold baseball bats on account to Aaron, Inc. for $1,800. The cost of the baseball bats sold was $1,080. 18 Purchased baseball bats on account for $1,900 from Banks Manufacturers, terms 1/10, n/30. 20 Received $300 credit for baseball bats returned to Banks Manufacturers. 21 Received payment in full from Aaron, Inc. 22 Sold baseball bats on account to Gehrig Industries for $2,250. The cost of baseball bats sold was $1,350. 30 Paid Banks Manufacturers in full. 31 Granted Gehrig Industries' $230 credit for baseball bats returned costing $140. Instructions Journalize the transactions for the month of December for Mays Co. using a perpetual inventory system