Neville's Office Supplies had an inventory balance of $35,000 on May 1, 20% perpetual method to account for inventory. During May, the following transa May 2 Purchased $75,000 of inventory on account with terms 1 May 5 Sold $5,000 of inventory to a customer for $8,500 on ac May 9 The customer from May 5th returned $750 of defective cost of $400. The inventory could not be sold and was May 18 Paid for the inventory purchased on May 2nd Received payment from the customer for the May 5th May 24 ired: Record all the transactions for May 2021. Include discounts if med. 8ccounts from the Chart of Accounts (add additional accounts i nts Payable Inventory nts Receivable Donations expense Sales discounts roturns and allowances Neville's Office Supplies had an inventory balance of $35,000 on May 1, 20% perpetual method to account for inventory. During May, the following transa May 2 Purchased $75,000 of inventory on account with terms 1 May 5 Sold $5,000 of inventory to a customer for $8,500 on ac May 9 The customer from May 5th returned $750 of defective cost of $400. The inventory could not be sold and was May 18 Paid for the inventory purchased on May 2nd Received payment from the customer for the May 5th May 24 ired: Record all the transactions for May 2021. Include discounts if med. 8ccounts from the Chart of Accounts (add additional accounts i nts Payable Inventory nts Receivable Donations expense Sales discounts roturns and allowances