? outlook.office.com Public Home 1 My.mhcc.edu 65 Outlook COMMUNITY COLLEGE 21. On September 4, Real Housewares has $16,500 in sales, with customers paying S10,750 in cash and the remainder on account. Real Housewares purchased the merchandise for S4,800. Prepare the journal entries required to record the sales using a perpetual inventory system. 22. Modern Glassware sold $8,250 of merchandise to Kitchen Supply on account on October 10with the terms 2/10, n/40. The company paid $2,100 for the merchandise. Kitchen Supply paid for the purchase on October 17 to take advantage of the discount. Record the sale of the merchandise and the receipt of the payment