Need to record each transaction.

Journal Entries for Merchandise Transactions-Perpetual System Janetto Distributing Company uses the perpetual inventory system. Janetto had the following transactions related to merchandise during the month of August: Aug. 10 Purchased on account merchandise for resale for $11,000; terms were 2/10, n/30. 12 Paid $800 cash for freight on the August 10 purchase 16 Returned merchandise costing $1,000 (part of the $11,000 purchase). 19 Paid for merchandise purchased on August 10. 22 Sold merchandise on account costing $2,000 for $2,400; terms were 2/10, n/30. Customer returned merchandise costing $765 that had been sold on account for $800 (part of the $2,400 sale). Received payment from customer for merchandise sold on August 22. 25 31