Monty Hardware Store Inc. completed the following merchandising transactions in the month of May 2018. At the beginning of May, Monty's ledger showed Cash of $7,800 and Common shares of $7.800, May Purchased merchandise on account from Hilton Wholesale Supply for $7,800, terms 2/10./30. 1 2 Sold merchandise on account for $4,700, terms 3/10, 1/30. The cost of the merchandise sold was $3,330. 5 Received credit trom Hilton Wholesale Supply for merchandise returned $300. 9 Received collections in full less discounts, from customers billed on May 2 10 Pald Hilton Wholesale Supply in full less discount 11 Purchased supplies for cash $910 12 Purchased merchandise for cash $2460. 15 Received $210 refund for return of poor quality merchandise from supolier on cash purchase 17 Purchased mechandise from Northern Distributors for $2.500. terms 2/10.1030. Paid trisht on May 17 purchase $220 Sold merchandise for cash $5,280. The cost of the merchandise sold was $4420 25 Purchased merchandise from Toolware Inc for $790, terms 3/10.1/30 Pald Northern Distributors in full les discount 29 Made refunds to cast customers for returned merchandise 5230 The returned merchandise was returned to inventory and had con 500 51 Sow merchandiscount for $1.350 m/30 The cost of the merchandise soldwa 5890 Record the above transactions. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually If no entry is required, select "No Entry for the account titles and inter for the amounts. Round answers to the nearest 5.775) wholed e dollares Debit Credit Date Account Titles and Explanation May 1 2 (Sale of merchandise on account) 2 (Cost el goods told recorded 5 9 1 10 11 12 17 15 17 19 24 Sale of merchandise 24 (Cost of goods sold recorded 25 27 27 1 29 (Return of merchandise 29 (Return of merchandise, assuming goods are resaltable and returned to inventory 31 (Sale of merchandise) 31 (Cost of goods sold recorded