On May 11, 2020, Wilson Purchasing purchased $30,000 of merchandise from Hostel Sales; terms 3/10, 1/90, FOB Hostel Sales. The cost of the goods to Hostel was $20,000. Wilson issued cheque #84 in the amount of $335 to pay Express Shipping Service for the delivery charges on the merchandise on May 11. On May 12, Wilson returned $1.200 of goods to Hostel Sales, which restored them to Inventory. The returned goods had cost Hostel $800. On May 20, Wilson mailed cheque 185 to Hostel for the amount owed on that date. Hostel received and recorded the cheque on May 21. 2. Record the transactions for Hostel Sales in a Sales Journal, Cash Receipts Journal, and General Journal as appropriate assuming a perpetual inventory system. Also assume invoice 71601 for the May 11 sale. (Enter the transactions in the order provided in the question.) HOSTEL SALES Sales Journal invoice Accounts Recelvable Dr. Number Sales C Date Account Debited Cost of Goods Sold Dr. Merchandise Inventory Cr. HOSTEL SALES Cash Recolets Journal Explanation Date Account Credited Cash Dr. Sales Discounts Dr. Accounts on Other Sales Cr. Accounts Sales Accounts Cost of Goods Sold Dr. Merchandise Inventory C View transaction list Journal entry worksheet Record the sales return. Note: Enter debits before credits Date General Journal Debit Credit May 12 Record entry Clear entry View general Journal