OS 5-12Sale of merchandise: return-perpetual LO3 Prepare journal entries to record each of the following transactions of a merchandising company Show any supporting calculations. Assume a perpetual inventory system So chance for $2.000 granting the customer forms of 2/10. EOM. The cost of the merchandise was The customer in the Armed merchandise and red croat for $500. The marchandise chod Soomed into dont for the amount osing to the Art as the return and OS 5-12Sale of merchandise: return-perpetual LO3 Prepare journal entries to record each of the following transactions of a merchandising company Show any supporting calculations. Assume a perpetual inventory system So chance for $2.000 granting the customer forms of 2/10. EOM. The cost of the merchandise was The customer in the Armed merchandise and red croat for $500. The marchandise chod Soomed into dont for the amount osing to the Art as the return and