need part B, part A is attached to help with part B

Sunland Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, the ledger of Sunland showed Cash of $8,200 and Common Stock of $7,700. May 1 2 5 9 10 11 12 15 Purchased merchandise on account from Black Wholesale Supply for $7.900, terms 1/10,n/30. Sold merchandise on account $4.100, terms 2/10, 1/30. The cost of the merchandise sold was $3,400. Received credit from Black Wholesale Supply for merchandise returned $200. Received collections in full, less discounts, from customers billed on May 2. Paid Black Wholesale Supply in full, less discount. Purchased supplies for cash $1,000. Purchased merchandise for cash $3.000. Received $240 refund for return of poor quality merchandise from supplier on cash purchase. Purchased merchandise on account from Wilhelm Distributors for $2,200, terms 2/10, 1/30, FOB shipping point. Paid freight on May 17 purchase $250. Sold merchandise for cash $5,100. The merchandise sold had a cost of $3,700. Purchased merchandise on account from Clasps, Inc for $700, terms 3/10,n/30. Paid Wilhelm Distributors in full. less discount. Made refunds to cash customers for returned merchandise $123. The returned merchandise cost $9. Sold merchandise on account for $1,250 terms n/30. The cost of the merchandise sold was $860. 17 19 24 25 27 29 31 Sunland Hardware's chart of accounts includes the following: No. 101 Cash, No. 112 Accounts Receivable, No. 120 Inventory, No. 126 Supplies, No. 201 Accounts Payable. No. 311 Common Stock, No. 401 Sales Revenue, No. 412 Sales Returns and Allowances, No. 414 Sales Discounts, and No. 505 Cost of Goods Sold. (a) Your Answer Correct Answer (Used) Journalize the transactions using a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter "O" for the amounts. Record journal entries in the order presented in the problem.) ate Account Titles and Explanation Debit Credit Inventory 7.900 Accounts Payable 7.900 > Accounts Receivable 4.100 Sales Revenue 4,100 (To record credit sale) Cost of Goods Sold 3,400 Inventory 3,400 (To record cost of merchandise sold) Accounts Payable 200 Inventory 200 9 Inventory 3,000 Cash 3.000 in 31 J1 01 J1 Accounts Receivable No. 112 Date Explanation Ref. Debit Credit Balance J1 >