O You received no credit for this question in the previous attempt. Check my work journal entries to record the following merchandising transactions of Griffin's, which uses the perpetual inventory system and the gross method. (Hint: It will help to identify each receivable and payable; for example, record the purchase on July 1 in Accounts Payable-Garcia) Jul. 1 Purchased merchandise from Garcia Company for $9,000 under credit terms of 1/15, n/38, FOB Jul. 2 Sold merchandise to Thompson Co. for $2,400 under credit terms of 2/10, n/6e, FOB shipping point, shipping point, invoice dated July 1. invoice dated July 2. The merchandise had cost $1,440 Jul. 3 Paid $725 cash for freight charges on the purchase of July 1. Jul. 8 Sold merchandise that had cost $2,800 for $4,700 cash. ul. 9 Purchased merchandise from Perry Co. for $3,780 under credit terms of 2/15, n/60, FOB destination, invoice dated July 9. Jul. 11 Received a $700 credit memorandum from Perry Co. for the return of part of the merchandise purchased on July 9. Jul. 12 Received the balance due from Thompson Co. for the invoice dated July 2, net of the discount. Jul. 16 Paid the balance due to Garcia Company within the discount period ul. 19 Sold merchandise that cost $2,900 to Brown Co. for $4,200 under credit terms of 2/15, n/60, FoB shipping point, invoice dated July 19. $800 credit memorandum to Brown Co. for an allowance on goods sold on July 19. Jul. 21 Issued a ul. 24 Paid Perry Co. the balance due, net of discount. Dul. 30 Received the balance due from Brown Co. for the invoice dated July 19, net of discount. 31 Sold merchandise that cost $6,000 to Thompson Co. for $10, ee under Co. for $10,e00 under credit terms of 2/10, n/60, FOB shipping point, invoice dated July 31. 1 of 7 N ere to search You r Impact on 28 Journal entry worksheet 8 17 terms of 1/15, n/30, FOB shipping point, invoice dated July 1 ere to search