NorthWave Products has provided you with the following transactions for the month of August 2018.

NorthWave Products has provided you with the following transactions for the month of August 2018. Aug 8 Purchased $233,400 of inventory on account, terms 2/10, net 30 Aug 10 A portion of the inventory from the above purchase was defective. NorthWave returned $820 worth of inventory to the supplier. Aug 12 Sold $94,700, of products to SouthShore on account, terms 2/10, net 30; cost of goods sold was $37,880 for this transaction. Aug 14 Customer from Aug 12 purchase paid their amount owing and claimed their discount. Aug 21 A customer returned $990 of goods purchased on account. The cost of goods sold for the returned inventory is $594. Aug 22 Purchased goods from EastCoast Products on account for $18,800 with terms of 3/10, net 30. Aug 23 Made a cash sale of $12,000 The cost of goods sold for this transaction was $1200. Aug 25 Took advantage of discount offered and paid up amount owing to EastCoast Products from Aug 22 purchase. Required Prepare thejournal entries to record the above transactions. Assume the company uses the perpetual inventory system. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. For transactions that have 2 debits or 2 credits, enter the accounts in alphabetical order. Required Prepare the journal entries to record the above transactions. Assume the company uses the perpetual inventory system. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. For transactions that have 2 debits or 2 credits, enter the accounts in alphabetical order. Date Account Title and Explanation Debit Credit Aug 8 + $ Purchased inventory on account Aug 10 + $ Returned defective goods Aug 12 $ Record sales on account Aug 12Record cost of goods sold for above sale Aug 14 $ $ Record sales discount provided for customer Aug 21 Customer returned goods Aug 21 Record cost of goods sold for above return Aug 22 Purchased goods on account Aug 23 $ Record sales for cashAug 21 Record cost of goods sold for above return Aug 22 Purchased goods on account Aug 23 Record sales for cash Aug 23 Record cost of goods sold for above sale Aug 25 $ Paid amount owing to EastCoast