ournalize the following transactions. Assume a perpetual inventory system. Click the icon to view the transactions.) Record debits first, then credits. Exclude explanations from journal entries.) July 8: Sold merchandise on account, $650, to Refine Co.: terms 2/10,n/30. Cost of merchandise was $300. Begin by journalizing the sale. (Do not record the expense related to the sale. We will do that in the following step.) Journal Entry Date Accounts PR Dr. Cr. Jul. 8 Now joumalize the cost of the merchandise sold. Journal Entry Date Accounts PR Dr. Cr. Jul. 8 July 12: Purchased office equipment on account from MRB Co. $1,800 Journal Entry Date Accounts Jul 12 PR Dr. Cr. T Joumalize the following transactions Assume a perpetual inventory system Click the icon to view the transactions Record debits first the credits Exclude explanations from journal entries July 12. Purchased the equipment on account from MRB CO., $1.800 Journal Entry Date 12 Accounts PR Dr. Cr wy 13. Madereas to cash atomers 5170, for detective merchandise. The cost of defective merchandise was $50. Start by joumalizing the refund. (Do not record the Journal Entry Date Accounts PR Dr Cr. 13 Now jumalize the cost of active merchandise Journal Entry Date Accounts PR Dr. CE TE Type here to search 1 More info le rela 2018 Jul. 8 Sold merchandise on account, $650, to Refine Co.; terms 2/10, n/30. Cost of merchandise was $300. 12 Purchased office equipment on account from MRB Co., $1,800. 13 Made refunds to cash customers, $170, for defective merchandise. The cost of defective merchandise was $50. Print Done