ne left 1:45:47 Question 17 Not yet answered Marked out of 5 P Flag question Caleb Borke is a Sport Clothing Co. had the following transactions during April. 1. Apr. 5. Purchased inventory from CK Co. $5,200, FOB shipping point, terms 2/10, n/60. The appropriate party also paid the Fright cost $150. 2. Apr. 9 Received credit from CK Co. for merchandise returned $200. 3. Apr. 10 Sold merchandise for cash to JOK Co. for $2,800. The merchandise sold had a cost of $2,000. FOB shipping point. The appropriate party also paid the Fright cost $50. 4. Apr 13 Paid CK Co. in full. 5. Apr 15. Made refund to cash customer JOK Co. For defective merchandise $100. The returned merchandise had a cost $60. Required: Journalize the above transactions using a PERPETUAL INVENTORY SYSTEM